Exclusive Listings

Hard Corner Signalized Retail Property

Address:
601 W Huntington Dr
Monrovia, CA 91016
Price:
$1,150,000
Status:
Available
Type:
Retail
# Units:
2
Year Built:
1927
Building Size:
2802
Lot Size:
6155
CAP Rate:
1.95%
GRM:
302.63x
Price/Unit:
575,000
Price/SqFt:
410

Investment Highlights:

  • Pride of ownership multi-tenant retail investment opportunity!
  • Long-time stable tenants with month-to-month lease that provides flexibility for new owner user or as an investment.
  • Wide frontage  on Huntington drive  with an excellent traffic volume of ±41,400 average
  • Excellent demographics with ±$95,343 Average Household Income within a-mile radius
  • Excellent Signalized  Corner Lot Location in Monrovia bordered by other excellent cities (Arcadia, Pasadena, San Marino, and San Gabriel)
  • Easy access to FWY 210, FWY 10; Other major attractions within short distance are Westfield Santa Anita Mall, Santa Anita Racetrack, Los Angeles Arboretum, Huntington drive  retail corridor, Temple City and San Gabriel Downtown district, Old Town Pasadena, Huntington Library and much more.
  • Superb frontage on Huntington Drive , surrounded by local & national retailers and other amenities the City of Monrovia  has to offer
  • Easy to operate and minimum operating expenses with proper NNN and MG leases

 

Property Highlights

  • Single Story layout with excellent visibility
  • Prominent frontage on Huntington Drive which provides excellent exposure for leasing. Low vacancy history
  • Ample parking in back and street parking.
  • Nice exterior brick and recently painted.
  • Excellent location in Monrovia bordered by Arcadia, Pasadena, San Gabriel and San Marino
  • Corner Lot on a busy signalized corner
  • Property Can be Delivered Vacant


Executive Summary.

The Growth Investment Group is proud to present 601 Huntington Drive. This offering provides a rare opportunity for an owner user or investor to acquire property in an excellent location on a signalized corner.  The Trophy property has superb street Frontage on Huntington Drive. It is a freestanding building featuring two separate units totaling 2802 square foot That fronts the busiest Blvd in Monrovia.  The property is on a signalized corner on Huntington Drive Which has a daily high traffic count. The lot is 6,155 sq feet and the Property is directly across from a major shopping center packed with national tenants that are doing a thriving contactless pick up business, Including Panera Bread, Chili’s, Chipotle, amongst others. The Building has two separate units that could be used for retail, office or alternative medicine. The property is updated and turnkey with a nice exterior. The Property can be delivered vacant.


Due Diligence


Broker Contact

Marc Schwartz
Direct: 213.362.8500
[email protected]

Thank you for your time and interest. The information you are attempting to access requires a one-time registration before you can proceed. Your email address will allow you to log in any time.
Please log in or begin registration by providing your email address.


Office:
999 S. San Gabriel Blvd.
San Gabriel, CA 91776
Phone: 626.594.4901
Fax: 626.316.7552
Email: [email protected]
Copyright © 2018 GIG Real Estate, Inc. dba. Growth Investment Group - Corp. ID 02021933
Visit us on social media websites