Retail - Super Market Investment Opportunity - San Gabriel - 91733

9900 E. Garvey Ave El Monte, CA 91733

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FOR SALE Incentives
Property Type:
Strip Center
Amount:
$5,000,000
Last Verified:
Jul 05, 2017


Description

Profitable shopping center located in the heart of San Gabriel Valley. High traffic counts and dense foot traffic. Population within a radius of 5 miles is over 500,000 people. Average annual household income is about $70,000.

Located in the heart of San Gabriel Valley with high traffic count with dense foot traffic.


Year Built: 1968
Building Size: 25600.0sq ft
Lot Size: 1.62 acres

Map of 9900 E. Garvey Ave, El Monte, CA, 91733

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.