- For Sale $5,800,000
- Property Type Retail
- Property Size 23,595 SF
- Lot Size 1.04 Acre
- Year Built 1952
- Date Updated Apr 18, 2024
Current Cap Rate at 27.5% Occupancy and Low Rent 2.5%
Proforma Cap Rate $552,123 9.5%
Projected Annual Rent $552,123 / $1.95 PSF NNN
Legendary Commercial Real Estate is pleased to exclusively represent For Lease or For Sale 482 N. Garfield Avenue in the City of Montebello, CA. The property is a single-story, ±23,595 Sq. Ft. building located on a ±45,153 Sq. Ft. ±1.04 acres, MNR3 zoned lot. The property was built in 1964 and remodeled in 2022 for a Charter High School and contains two buildings and 32 car parking spaces. The MNR3* zoning of the property allows for future Multi-Family Apartment Residential Development, or it can continue to be used by a Retail, Medical or Office User who buys or leases the property. The property is situated at the signalized intersections of N. Garfield Avenue and N. Hay Street with a combined traffic count of ±29,635 cars per day.
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Location
Getting Around
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Walk Score ®
82/100 Very Walkable -
Bike Score ®
52/100 Bikeable
- City Montebello, CA
- Neighborhood Montebello
- Zip Code 90640
- Market Los Angeles
Points of Interest
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Montebello/Commerce
0.99 miles
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Atlantic
1.54 miles
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East Los Angeles Civic Center
1.86 miles
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Commerce
2.12 miles
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Maravilla
2.21 miles
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Indiana
3.53 miles
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Cal State LA
3.58 miles
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Soto
4.71 miles
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Soto Station
4.72 miles
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Mariachi Plaza
5.28 miles
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Arco
0.14 miles
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Chevron
0.18 miles
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Arco
0.97 miles
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Chevron
0.99 miles
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Chevron
1.18 miles
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76
1.42 miles
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Shell
1.46 miles
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Mobil
1.46 miles
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76
1.48 miles
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Chevron
1.55 miles
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Employee Parking
1.29 miles
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Park and Ride
1.44 miles
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Metro Park and Ride
1.47 miles
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The Citidel Outlet Mall Overflow Parking
1.50 miles
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VIP Parking
1.54 miles
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Valet Parking
1.67 miles
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Metro Park and Ride
2.25 miles
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Metro Bicycle Lot
2.27 miles
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Metro Park and Ride
3.53 miles
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Electric Vehicle Parking / Charging
3.60 miles
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Jack in the Box
0.39 miles
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Kalaveras
0.82 miles
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J & S
0.84 miles
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Jack in the Box
0.88 miles
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McDonald's
1.02 miles
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Taqueria Don Lencho #1
1.11 miles
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Arry's
1.39 miles
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El Pollo Loco
1.41 miles
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Chipotle
1.43 miles
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IHOP
1.47 miles
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Smart & Final
0.88 miles
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Superior Grocers
1.35 miles
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Ralphs
1.37 miles
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600-662
1.39 miles
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Vons
1.55 miles
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Big Lots
2.42 miles
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Food 4 Less
2.86 miles
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Walmart Supercenter
2.89 miles
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JCPenney
2.92 miles
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T.S. Emporium
2.97 miles
Frequently Asked Questions
What is the lease rate for 482 N Garfield Ave?
Rental asking rate at 482 N Garfield Ave is $2,900,000.00/YR.
What is the total square footage of 482 N Garfield Ave?
482 N Garfield Ave totals 23,595 square feet.
When was this property built?
482 N Garfield Ave was built in 1952.
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