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550 W Garvey Ave
1,480 SF of Retail Space Available in Monterey Park, CA 91754
Sublease Highlights
- Ample Parking
- Street Exposure
- Newly Built in 2021
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste C | 1,480 SF | Dec 2026 | $60.71 CAD/SF/YR $5.06 CAD/SF/MO $89,857 CAD/YR $7,488 CAD/MO | Triple Net (NNN) |
1st Floor, Ste C
Property Overview: This newly constructed retail/office space, built in 2021, offers excellent visibility along Garvey Avenue with easy access to the 10 FWY and surrounding key streets. Featuring ground-floor retail or food use, along with second-floor office space, this location is perfect for a variety of business types, including restaurants, retail, medical, or professional offices. Key Features: Ideal for: Retail, restaurant, boba, coffee shop, cafe, or professional offices. Construction: Newly built in 2021 with over $250K invested in construction, renovations, and brand-new appliances. Location: High street visibility with easy access to the 10 FWY, Atlantic Boulevard, and Garfield Avenue. Design: Open, airy space with high ceilings and abundant natural light, offering a welcoming and spacious environment for customers and employees. Parking: Ample parking available for customers and staff. Space Configuration: Ground floor designed for retail or food use, with second-floor office spaces. Business Opportunity: This is a unique sublease opportunity, with an option to take over the business, including the purchase of brand-new appliances and equipment—purchased in 2021 and available for sale at an additional $75K. The list of appliances and equipment can be provided upon request. This is a turnkey solution for entrepreneurs looking to step into an established space with modern amenities, or those looking to invest in a prime location for a new business. Lease Details: Sublease Available: Flexible terms for the right tenant Asking Price for Business & Equipment: $75,000 Construction & Renovation Costs: Over $250K invested in build-out, equipment, and renovation This property offers exceptional potential for a variety of uses—whether you’re looking to open a retail operation, restaurant, or a professional office space. With a solid foundation of recent investment, this is a great opportunity for new businesses to hit the ground running. For more information or to schedule a tour, contact Raymond Lam - KW Executive at (626)-321-3393.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Ample Parking
- Newly Built in 2021
- Street Exposure
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR 550 W Garvey Ave , Monterey Park, CA 91754
| Property Type | Retail | Year Built | 2021 |
| Property Subtype | Retail | Parking Ratio | 4.51/1,000 SF |
| Gross Leasable Area | 11,363 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | 11,363 SF |
| Year Built | 2021 |
| Parking Ratio | 4.51/1,000 SF |
About the Property
Property Overview: This newly constructed retail/office space, built in 2021, offers excellent visibility along Garvey Avenue with easy access to the 10 FWY and surrounding key streets. Featuring ground-floor retail or food use, along with second-floor office space, this location is perfect for a variety of business types, including restaurants, retail, medical, or professional offices. Key Features: Ideal for: Retail, restaurant, boba, coffee shop, cafe, or professional offices. Construction: Newly built in 2021 with over $250K invested in construction, renovations, and brand-new appliances. Location: High street visibility with easy access to the 10 FWY, Atlantic Boulevard, and Garfield Avenue. Design: Open, airy space with high ceilings and abundant natural light, offering a welcoming and spacious environment for customers and employees. Parking: Ample parking available for customers and staff. Space Configuration: Ground floor designed for retail or food use, with second-floor office spaces. Business Opportunity: This is a unique sublease opportunity, with an option to take over the business, including the purchase of brand-new appliances and equipment—purchased in 2021 and available for sale at an additional $75K. The list of appliances and equipment can be provided upon request. This is a turnkey solution for entrepreneurs looking to step into an established space with modern amenities, or those looking to invest in a prime location for a new business. Lease Details: Sublease Available: Flexible terms for the right tenant Asking Price for Business & Equipment: $75,000 Construction & Renovation Costs: Over $250K invested in build-out, equipment, and renovation This property offers exceptional potential for a variety of uses—whether you’re looking to open a retail operation, restaurant, or a professional office space. With a solid foundation of recent investment, this is a great opportunity for new businesses to hit the ground running. For more information or to schedule a tour, contact
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550 W Garvey Ave
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