SOLID NEIGHBORHOOD SHOPPING CENTER FOR SALE

Lotus Property Services, Inc. is pleased to present the Arroyo Center 10,800 square foot retail center in the heart of San Gabriel Valley located in the beautiful City of Rosemead, California. This is a rare opportunity to acquire property at one of the busiest intersections in the city, with over 20,000+ cars per day at the adjacent intersections. This property is located just north of 60 freeway and south of the 10 freeway and makes for the perfect investment opportunity. Several strip center tenants are long term tenants while a couple of others are on a month to month basis with upside potential in rent. The recent lease signing with the successful Library Liquor illustrates the strong tenant demand of this area. The strip center is ready for a new investor with new strategy to leverage the upside potential. This location provides excellent visibility and vehicular access. Additionally this shopping center is only a few blocks from the approved Montebello Hills new home development project that is set to built in the coming year.
High visibility location and easy access
Great upside potential
20,000+ cars per day adjacent street intersection
Ample parking spaces
MLS: AR18001991
Sq Ft: 10800
Yr Built: 1973
Asking: $4,098,000
Address: 8147 Arroyo Dr
Rosemead, CA
91770
 
Vincent M. Medina
Lotus Property Services, Inc.
213-219-8445
[email protected]
Lic#: 01302670