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29957605
29957444

10991 Lower Azusa Rd, El Monte, CA 91731

DR
CA 01057519, CA CA 01057519
CBRE - South Bay
BD
CBRE - Central Valley
TI
02239147
CBRE - South Bay
Listed by CBRE - South Bay, CBRE - Central Valley
$1,125,000
105 days on market
Updated 30 days ago

10991 Lower Azusa Rd

Details
APN 8538-001-005
Property Type Retail, Land
Sub Type QSR/Fast Food
Square Footage 550
Net Rentable (SqFt) 550
Units 1
Tenancy Multi
Class C
Year Built 1966
Buildings 1
Stories 1
Acreage 0.180
Zoning C-3 (General Commercial)
Parking Spaces 12 spaces
Parking Per SqFt 21.82
Investment Type Value Add
Ownership Fee Simple

Retail | 550 SqFt

Marketing description

The El Monte, CA signalized corner property is well positioned at the NWC of Lower Azusa Rd. and Santa Anita Ave., two major thoroughfares for the trade area. With visibility from ±45,500 VPD and proximity to Sam's Club, McDonald's and El Monte High School, the property offers an attractive value add or owner/user investment opportunity; including potential Drive-Thru currently under City review.

Located approximately 12 miles east of downtown Los Angeles, El Monte is the vibrant hub of the San Gabriel Valley, where two major freeways - Interstates 605 and 10 Fwys. - intersect and is the ninth largest city in Los Angeles County, with an ethnically diverse population with Hispanic/Latino making up the majority followed by Asian and other ethnicities from there.

El Monte offers urban living with ease of access to the neighboring foothills of the San Gabriel Mountains as well as convenient access to both the Inland Empire and the greater City of Los Angeles.

Investment highlights

  • Attractive San Gabriel Valley Reposition, Redevelopment or Owner/User Investment Opportunity: Benefitting from neighboring nationally recognized tenants such as Sam’s Club, McDonald’s and Chase Bank, the property offers a value add or redevelopment opportunity, including for a potential new ±840 SF Drive-Thru that has a 2024 CUP approval that is transferable.

  • Excellent Visibility Signalized Hard Corner Location With Strong Traffic Counts: Well positioned at the signalized hard corner of Lower Azusa Rd. & Santa Anita Avenue, the property benefits from tremendous visibility from over ±42,500 VPD.

  • Major Trade Area Commuter & Resident Thoroughfares: With Lower Azusa Rd. connecting to the CA-605 Fwy. Interchange and Santa Anita Ave. connecting to both the CA-10 Fwy. and CA-210 Fwy. interchanges, the property benefits from both commuters and residents who use these major trade area thoroughfares on a daily basis.

  • Dense Infill Trade Area: Solid El Monte trade area demographics. The surrounding 2-mile trade area contains ±98,021 residents with an annual household income of ±$114,959. Immediate proximity to Sam’s Club and Arroyo High School (± 1,750 Students) adds an additional traffic generator to the intersection, especially during the school year.

  • ±550 SF. Bldg. (A-Frame style- former restaurant)

  • ±7,717 SF Land (0.18 Acres)

  • Access from Lower Azusa Rd. and Santa Anita Ave.

  • Parking - ±12 Stalls

  • Zoning- C-3

  • Restaurant

  • Grocery/Convenience Store

  • Coffeehouse

  • Medical/Dental Offices

  • Veterinary Service / Animal Grooming

  • Food / Beverage Drive-Thru

  • Vehicle Repair

  • Service Station

  • Vehicle Wash

Listing Contacts

DR
CA 01057519, CA CA 01057519
CBRE - South Bay
BD
CBRE - Central Valley
TI
02239147
CBRE - South Bay
Listed by CBRE - South Bay, CBRE - Central Valley

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Additional Information

Name
Dan Riley
License
01057519
Brokerage
CBRE
Brokerage Phone
3107481328
Title
Senior Vice President
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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