Mixed-Use

Art-Tec Building

1900 S Del Mar Ave, San Gabriel, CA 91776

Listing Price: $2,610,000

Cap Rate
5.48%
Gross SF
8,939
Rentable SF
8,939
Price/Gross SF
$291.98
Lot Size
0.38 acres
Year Built
2002

Investment Overview

The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present the opportunity to acquire the fee-simple ownership in a mixed-use retail/office investment opportunity located in high-barrier to entry city of San Gabriel, California. With only two vacancies and the building at 79 percent occupancy the currents tenants have been operating at the site for over 10 years illustrating their commitment to the strategic location of the property. The two-story building sits at 8,939 square feet situated upon 16,753 square feet of land with over 27 parking spaces. 1900 South Del Mar Avenue is located at the signalized, hard corner intersection of Del Mar Avenue and Marshall Street with over 28,790 cars per day. The site benefits from excellent visibility and access to abundant parking behind the building from Marshall Street. The subject is within half a mile of San Gabriel’s premiere shopping and business district with vibrant and active hospitality, professional services and retail. Additionally, the subject property is located less than half a mile away from the highly traveled 10 Freeway with over 228,000 cars per day. The three-mile trade are is supported by a dense population of over 274,000 and an average household income of $109,000.

Investment Highlights

  • Highly Sought-after Mixed-Use Office/Retail in High Barrier to Entry City of San Gabriel
  • Long Term Occupants Committed to Building for Over 10 Years with Upside in Minimal Vacancy
  • Signalized Hard Corner with Over 28,790 Cars Per Day With Excellent Visibility
  • Close Proximity to California Highway 10
  • Strong Affluent Demographics in Three-Mile Trade Area with Over 274,000 People Average Household Income of $109,000

Exclusively Listed By

Listing Price: $2,610,000

Cap Rate
5.48%
Gross SF
8,939
Rentable SF
8,939
Price/Gross SF
$291.98
Lot Size
0.38 acres
Year Built
2002

Investment Highlights

  • Highly Sought-after Mixed-Use Office/Retail in High Barrier to Entry City of San Gabriel
  • Long Term Occupants Committed to Building for Over 10 Years with Upside in Minimal Vacancy
  • Signalized Hard Corner with Over 28,790 Cars Per Day With Excellent Visibility
  • Close Proximity to California Highway 10
  • Strong Affluent Demographics in Three-Mile Trade Area with Over 274,000 People Average Household Income of $109,000

Investment Overview

The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present the opportunity to acquire the fee-simple ownership in a mixed-use retail/office investment opportunity located in high-barrier to entry city of San Gabriel, California. With only two vacancies and the building at 79 percent occupancy the currents tenants have been operating at the site for over 10 years illustrating their commitment to the strategic location of the property. The two-story building sits at 8,939 square feet situated upon 16,753 square feet of land with over 27 parking spaces. 1900 South Del Mar Avenue is located at the signalized, hard corner intersection of Del Mar Avenue and Marshall Street with over 28,790 cars per day. The site benefits from excellent visibility and access to abundant parking behind the building from Marshall Street. The subject is within half a mile of San Gabriel’s premiere shopping and business district with vibrant and active hospitality, professional services and retail. Additionally, the subject property is located less than half a mile away from the highly traveled 10 Freeway with over 228,000 cars per day. The three-mile trade are is supported by a dense population of over 274,000 and an average household income of $109,000.

Exclusively Listed By

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