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Highlights

  • Fee Simple offering with price reduced for a quick sale
  • Situated near ELAC with convenient freeway access

Investment Summary

Handfore Realty Corp would like to present this tripe net (NNN), 6.14% cap rate, free standing retail property. The subject property has a daily traffic of 29,000+ vehicles and is nearby the 60 and 710 freeway. This prime location is only 7 miles away from Los Angeles. The subject property was previously a large restaurant for many years and now has the ability to be divided into 2 units. We ask that you please do not disturb the tenant.

The Offering In Escrow

  • Listing ID: 14760694
  • Date Created: 5/8/2018
  • Last Updated:

ABOUT 1950 S Atlantic Blvd , Monterey Park, CA 91754

Freestanding retail building constructed in 1977 located in Monterey Park, CA. The property is located right next to the Atlantic Square and less than a mile from Pomona Fwy.

Marketing Brochure

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More Attachments

Flyer

TRADE AREAS

Talent Base and Commute Times

1 mile 1 mi 3 mile 3 mi 5 mile 5 mi
1 Mile
3 Mile
5 Mile
Total Population
24,136
289,784
718,480
2010 Population
24,363
291,718
720,000
2024 Population
24,236
291,148
722,473
Employees
8,357
118,691
296,910
Total Businesses
986
8,483
24,533
Average Household Income
$85,931
$69,664
$68,039
Median Household Income
$64,812
$51,059
$48,796
Total Consumer Spending
$233.1M
$2.2B
$5.2B
Median Age
40.5
36.4
35.7
Households
8,029
82,401
203,310
Percent College Degree or Above
19%
11%
11%
Average Housing Unit Value
$638,686
$560,903
$573,857

Major Tenant Information

Tenant SF Occupied Lease End Date
Pet Center 5,583 October 2019

Amenities

  • Air Conditioning
  • Drive Thru
  • Tenant Controlled HVAC

Traffic

Collection Street Cross Street Traffic Vol Year Distance
S Atlantic Blvd Brightwood St, SW 28,588 2018 0.09 mi
Brightwood St Sunrise Dr, E 4,692 2018 0.18 mi
W Riggin St Bradshawe Ave, E 9,457 2018 0.34 mi
S Atlantic Blvd W Riggin St, NE 36,178 2018 0.40 mi
W el Repetto Dr Piedra Way, E 1,978 2018 0.40 mi

Transit/Subway

Drive Walk Distance
Atlantic Transit Stop
Los Angeles County Metropolitan Transportation Authority
Gold Line
3 min 20 min 1.0 mi

Commuter Rail

Drive Distance
Montebello/Commerce Commuter Rail (Riverside Line)
8 min 3.4 mi

Airport

Drive Distance
Long Beach-Daugherty Field Airport
30 min 19.3 mi
Los Angeles International Airport
32 min 21.4 mi
Bob Hope Airport
32 min 22.8 mi
Walk Score ®
75
Very Walkable
Transit Score ®
48
Some Transit
What is a Walk Score®, Transit Score® & BikeScore®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

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