Pacific Coast Real Estate Company
Listed by Pacific Coast Real Estate Company
$10,000,000
Victory Plaza Center
Details
Property Type Retail, Industrial
Sub Type Shopping Center
Square Footage 34,320
Units 39
Cap Rate 4.60%
NOI $463,434
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 8.28%
Price per SqFt $291
Year Built 2006
Stories 2
Lot Size (SqFt) 66,211
Zoning SEC
Parking Spaces 90 spaces
Parking Per SqFt 2.62
Investment Type Net Lease
9661-9663 Garvey Avenue, South El Monte, CA 91733
Marketing description
Rare opportunity for investors to acquire a sizable Multi-Tenants NNN Shopping Plaza in the heart of San Gabriel Valley! Built in 2006, Victory Plaza Shopping Center offers 39 mixed used: Retail/Bank/Professional/Medical/Restaurant services to customers, making this a "One Stop For All" shopping & entertainment plaza! This Two-Stories retail Plaza is located in the densely populated Garvey Ave & Rosemead Blvd, the busiest commercial & retail service area. Victory Plaza offers excellent frontage, about +/-200 SF, and +/-330 SF in depth. Customers enjoy the convenience of the huge parking lot (90 parking spaces/4 handicaps), Elevator access to upper level, great selection of services and central location.
Investment highlights
- Very attractive going in Cap Rate of 4.6% and high Proforma Cap Rate over 8.28%
- LOW Price/Unit for an excellent-located asset in San Gabriel Valley
- Dense Demographics
- Newer Building, Elevator, Large Parking w/min 3:1 Ratio
- Rare San Gabriel Valley Mixed-Use Retail Opportunity
- Freestanding Shopping Plaza
Listing Contacts
Pacific Coast Real Estate Company
Listed by Pacific Coast Real Estate Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$463,434.00
$38,619.50/mo
Valuation Metrics
0
DSCR
4.63%
Cap Rate
4.63%
ROI
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