840-844 E Mission Rd is a value-add retail center of approximately 11,400 SF in the vibrant city of San Gabriel. Located on a corner lot, the 2 lots combine for approximately 16,633 SF. The project consists of 7 retail units, an apartment and a storage area. Tenants are currently on modified gross leases and below market rental rates. Immediate upside by converting expiring and month to month leases to NNN. Large new development taking place 1 block north of the property (+/-243 new residential units). Property is strategically located between the 10 and 210 freeways. A majority of tenants are on month to month leases and the longer term leases have termination clauses at the new buyer's benefit.
11,400 Sq Ft
0.3818 Private Acres Exterior Space
Commercial
Built in 1960
MLS/Listing ID PW25006745
Listing Courtesy of KELLER WILLIAMS REALTY, PATRICK SHARPLES
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE