Retail Space - For Sale
7260 Rosemead Boulevard San Gabriel, CA 91775
Details & Description
Price: $12,047,000
  • Property Type Retail for Sale
  • Lot Size Acres 1.860
  • Building Sq Ft 25,510
  • Building Price per Sq Ft $472.25
  • Land Sq Ft 81,021
  • Land Price per Sq Ft $148.69
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a multi-tenant, NNN leased, grocery anchored investment property located in San Gabriel, California (Los Angeles MSA). The 1.86-acre site is occupied by Grocery Outlet Bargain Market, Bank of America, and Wingstop. Grocery Outlet has approximately 12 years remaining in their primary term, occupies 84% of the GLA, and constitutes 69% of the base rent revenue. All leases feature rental increases throughout the initial term and option periods, growing NOI and hedging against inflation. Additionally, all tenants operate under NNN leases, limiting expense leakage for a new investor. The property underwent a complete remodel in 2017 that features numerous of improvements including a brand-new roof for Grocery Outlet (20-year transferable warranty), new mechanical systems, new electrical service, new underground stormwater system, and renovated parking throughout including all new parking in front of the shops space.The subject property is strategically located at the signalized, hard corner intersection of Rosemead Boulevard and Huntington Drive, averaging a combined 71,800 vehicles passing by daily. The site is located less than 1.5 miles south of direct on/off ramp access to Interstate 210 (285,000 VPD), a heavily traveled commuter freeway serving the greater Los Angeles MSA and Inland Empire. Additionally, the property is located 1 mile west of Westfield Santa Anita, a 1.48 million SF regional shopping mall anchored by Nordstrom, Macy’s, and AMC Theatres. Westfield Santa Anita is the trade area’s premier shopping destination featuring over 200 retail, dining, and entertainment options. Other nearby shopping centers include Hastings Village Center (271,300 SF), Hastings Ranch Plaza (273,000 SF), and Arcadia Hub Shopping Center (352,000 SF), significantly increasing consumer draw to the immediate trade area and promoting crossover retail exposure for the asset. Furthermore, the asset is 1.5 miles west of Santa Anita Park, a 320-acre historic horse racing track that can host over 75,000 attendees. Santa Anita Park is home to some of the most prominent horse racing events in the United States including the Breeders’ Cup World Championships. Moreover, surrounded by nearby residential neighborhoods, the subject property is poised to take advantage of the large potential consumer base in the area. The 5-mile trade area is supported by a dense population of more than 552,300 residents and 254,300 employees with an affluent average household income of over $111,100.
Listing Agents
Matthew Mousavi

O: 949-698-1116
M: 714-404-8849
matthew.mousavi@srsre.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

7260 Rosemead Boulevard

San Gabriel, CA 91775

Listing ID: 255790
$12,047,000
For Sale
  • Property Type Retail for Sale
  • Lot Size Acres 1.860
  • Building Sq Ft 25,510
  • Building Price per Sq Ft $472.25
  • Land Sq Ft 81,021
  • Land Price per Sq Ft $148.69
  • 7260 Rosemead Boulevard San Gabriel, CA 91775 | for Sale | Photo 1
  • 7260 Rosemead Boulevard San Gabriel, CA 91775 | for Sale | Photo 2
  • 7260 Rosemead Boulevard San Gabriel, CA 91775 | for Sale | Photo 3
7260 Rosemead Boulevard | for Sale | Thumbnail 1
7260 Rosemead Boulevard | for Sale | Thumbnail 2
7260 Rosemead Boulevard | for Sale | Thumbnail 3
Description

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a multi-tenant, NNN leased, grocery anchored investment property located in San Gabriel, California (Los Angeles MSA). The 1.86-acre site is occupied by Grocery Outlet Bargain Market, Bank of America, and Wingstop. Grocery Outlet has approximately 12 years remaining in their primary term, occupies 84% of the GLA, and constitutes 69% of the base rent revenue. All leases feature rental increases throughout the initial term and option periods, growing NOI and hedging against inflation. Additionally, all tenants operate under NNN leases, limiting expense leakage for a new investor. The property underwent a complete remodel in 2017 that features numerous of improvements including a brand-new roof for Grocery Outlet (20-year transferable warranty), new mechanical systems, new electrical service, new underground stormwater system, and renovated parking throughout including all new parking in front of the shops space.

The subject property is strategically located at the signalized, hard corner intersection of Rosemead Boulevard and Huntington Drive, averaging a combined 71,800 vehicles passing by daily. The site is located less than 1.5 miles south of direct on/off ramp access to Interstate 210 (285,000 VPD), a heavily traveled commuter freeway serving the greater Los Angeles MSA and Inland Empire. Additionally, the property is located 1 mile west of Westfield Santa Anita, a 1.48 million SF regional shopping mall anchored by Nordstrom, Macy’s, and AMC Theatres. Westfield Santa Anita is the trade area’s premier shopping destination featuring over 200 retail, dining, and entertainment options. Other nearby shopping centers include Hastings Village Center (271,300 SF), Hastings Ranch Plaza (273,000 SF), and Arcadia Hub Shopping Center (352,000 SF), significantly increasing consumer draw to the immediate trade area and promoting crossover retail exposure for the asset. Furthermore, the asset is 1.5 miles west of Santa Anita Park, a 320-acre historic horse racing track that can host over 75,000 attendees. Santa Anita Park is home to some of the most prominent horse racing events in the United States including the Breeders’ Cup World Championships. Moreover, surrounded by nearby residential neighborhoods, the subject property is poised to take advantage of the large potential consumer base in the area. The 5-mile trade area is supported by a dense population of more than 552,300 residents and 254,300 employees with an affluent average household income of over $111,100.

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Los Angeles History of Retail Space for Sale

Loan and Amortization Calculator

Listing Price
Down Payment

Loan Amount:
Interest Rate:
Term (months):

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

San Gabriel Area Market Trends

Listing Demographics for 7260 Rosemead Boulevard San Gabriel, CA 91775

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population28,500180,338547,970
Population Median Age404140
Population by Age0-9 Yrs3624 (12%)19807 (10%)57820 (10%)
10-19 Yrs3213 (11%)20235 (11%)60243 (10%)
20-29 Yrs3198 (11%)20216 (11%)74969 (13%)
30-39 Yrs3946 (13%)22770 (12%)74001 (13%)
40-49 Yrs4272 (14%)26995 (14%)79140 (14%)
50-59 Yrs3829 (13%)25707 (14%)76406 (13%)
60-69 Yrs3223 (11%)22157 (12%)63276 (11%)
70+ Yrs3195 (11%)22450 (12%)62115 (11%)
Median HH Income$78,919$88,883$74,439
Total Household Income< 24K1489 (15%)8136 (13%)32487 (17%)
25-49K1603 (16%)9630 (15%)32282 (17%)
50-74K1562 (15%)8762 (14%)28488 (15%)
75-99K1547 (15%)8049 (12%)22978 (12%)
100-199K2473 (25%)17972 (28%)47058 (25%)
200K+1119 (11%)9447 (15%)21995 (11%)
Highest Education LevelNo Diploma21971334867373
Diploma or GED32862190976891
Some College30021993161698
Assoc. Degree17411110428820
Bachelors Degree647640930100909
Higher Degree36932481962964
Total Housing Units10,75667,678201,381
--Owner-Occupied4,76835,52788,677
--Renter-Occupied5,02426,46896,612
Owner-Occupied Values< 100K233041822
100-199K7183889
200-299K591871159
300-399K1277084407
400-499K18415029317
500K+43693264271083
Total Working Age Population22,777148,177453,976
In Work Force13,67290,892282,659
Not In Work Force9,10557,285171,316
Workforce Employed13,14487,253269,279
Workforce Unemployed5283,60513,259
Civlian Workforce13,67290,859282,538
Military Workforce033122
Total Households9,79261,995185,288
Family Households7,06246,048130,192
Non-Family Households2,73015,94855,097
Married Couple5,10234,56693,079
Other Family1,96011,48137,113
Married w/Child2,49914,94738,387
Single Male w/Child1579643,250
Single Female w/Child5482,5618,619

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
California33,871,648+1037,253,956+940,467,295+843,631,295
Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Other Retail Space Listings for Sale Nearby
Address Price Sq Ft Acres
1021 South Baldwin Avenue, Arcadia, CA $128,000 750 -
3731 East Colorado Boulevard, Pasadena, CA $1,400,000 2500 0.12
2435 East Colorado Boulevard, Pasadena, CA $1,495,000 3198 0.19
9456 Broadway, Temple City, CA CALL 15300 1.09
187 North Sierra Madre Boulevard, Pasadena, CA $2,890,000 3574 0.33
619 West Las Tunas Drive, San Gabriel, CA $1,688,000 5044 0.15
805 West Las Tunas Drive, San Gabriel, CA CALL 650 -
66 East Foothill Boulevard, Arcadia, CA $975,000 1452 0.12
8780 Valley Boulevard, Rosemead, CA CALL 14002 0.32
9655 Valley Boulevard, Rosemead, CA $1,850,000 1936 0.22
Closest Commercial Airports
Airport Distance (mi)
Los Angeles International Airport (LAX) 23
Ontario International Airport (ONT) 27
John Wayne Airport-Orange County Airport (SNA) 33
Listing Agent
More listings from Matthew Mousavi
Featured Local Vendors
• SUPPORT OUR FREE PLATFORM •
The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
• Electrical Contractor •
KP Electric logo
New or existing work, get a quote!
• HVAC Contractor •
Highland Air logo
Click to stay cool this summer
• HVAC Contractor •
Omni Air HVAC LLC logo
Click to stay cool this summer
• Custom Radius Reports •
Cubit logo
Get the data you need. Click here

Share
Other property types near San Gabriel, CA