11029 Valley Blvd | El Monte, CA 91731
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- LoopNet Team
11029 Valley Blvd
El Monte, CA 91731
Retail Property For Sale
Investment Highlights
- Tremendous Value-Add Investment Opportunity to significantly boost cash flow over time through by restructuring the below market gross leases.
- Ideal 1031 Exchange- Prime San Gabriel Valley retail/professional center with a significant value-add component.
- Below Market Rents – Current rents at the center average just $1.35/SF on a gross basis.
- Great Owner/User Opportunity with MTM tenancy and price point under $2M.
- Significant Exposure Along Main Thoroughfare with 29,000 CPD at the intersection of Valley Blvd and Tyler Ave.
- Infill, Affluent Demographics with 223,000 residents and average household income in excess of $93,350 within three miles.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,755 SF
Building Class
C
Year Built
1971
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.31 AC
Zoning
C2
Parking
17 Spaces (2.95 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $963,695 | |
| Land Assessment | $1,983,705 | Total Assessment | $2,947,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,983,705
Improvements Assessment
$963,695
Total Assessment
$2,947,400
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