10906 Main St 1,780 SF Retail Building El Monte, CA 91731 $1,315,351 CAD ($738.96 CAD/SF) 7.14% Cap Rate
EXECUTIVE SUMMARY
This commercial retail property, located in the heart of the Downtown El Monte District, was originally constructed in 1941 and benefits from its prime location, surrounded by key amenities such as Chase Bank, the County Courthouse, and a mix of regional and well-known national retailers. This makes it an attractive investment for those looking to capitalize on the vibrant El Monte business community. Conveniently situated behind the property is a city-owned public parking lot, ensuring ample parking space for both customers and tenants. The building currently houses long-standing retail tenants with active leases, providing a stable income stream.
The property is currently occupied, and showings are available exclusively to accepted offers.
PROPERTY HIGHLIGHTS
• 1,780 sqft of Prime Retail Space • Cap Rate - 6.93%
• Price/Unit - $950,000
• Price/SF - $533.71
• Zoning - EMC2*
LOCATION HIGHLIGHTS
• Strategically located in Los Angeles County
• Easy access to major freeways, including the I-10, I-605, and I-210
• The city’s thriving downtown area is experiencing significant growth, with new businesses and
residential developments enhancing its appeal to both residents and investors.
The property is currently occupied, and showings are available exclusively to accepted offers.
PROPERTY HIGHLIGHTS
• 1,780 sqft of Prime Retail Space • Cap Rate - 6.93%
• Price/Unit - $950,000
• Price/SF - $533.71
• Zoning - EMC2*
LOCATION HIGHLIGHTS
• Strategically located in Los Angeles County
• Easy access to major freeways, including the I-10, I-605, and I-210
• The city’s thriving downtown area is experiencing significant growth, with new businesses and
residential developments enhancing its appeal to both residents and investors.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
1,780 SF
Building Class
C
Year Built
1941
Price
$1,315,351 CAD
Price Per SF
$738.96 CAD
Cap Rate
7.14%
NOI
$93,941 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.16 AC
Zoning
EMC2* - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Parking
4 Spaces (2.25 Spaces per 1,000 SF Leased)
Frontage
43’ on Main Street
Walk Score®
Very Walkable (86)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 8579-025-001 | Improvements Assessment | $1,490,807 CAD |
| Land Assessment | $576,443 CAD | Total Assessment | $2,067,251 CAD |
