Commercial Sale Details
Pacific Place is a commercial office
plaza located in the city of El Monte. The property has a wide ±320
feet street frontage on the highly desirable Valley Blvd. Valley Blvd
is considered the main and prime retail corridor for several cities
(Alhambra, San Gabriel, Rosemead, and El Monte) in San Gabriel
Valley and the flow of foreign capital
and local investments have spurred
rapid growth and new development
in the past decade.
The property has a ±50 ft (possibly
higher) high monument sign that
provides additional exposure. The
traffic count for this location is
averaging ±24,660 vehicles per day.
The complex is situated on ±2.81 acres
of land (±122,449 SF) in the Foreign
Trade Zone, which provided an array
of benefits for the business located on the zone, making it an ideal
location for import/export businesses.
The complex consists of 3 commercial buildings with shared parking
area. Building 10503 is a ±11,453 SF single-story office building that
is occupied by a single tenant on a long-term lease. Building 10505
is a ±49,987 SF two-story office building that is currently leased
to multiple tenants. The north and east side of this building have
loading docks with roll-up door. Building 10507 is a ±25,223 SF twostory
office building that is leased to multiple tenants. Parking is
provided by 189 parking spaces that are spread out between
middle and sides of the property.
|Price Per SqFt||$141.84|
|Area||619 - El Monte|
|Listing Brokerage||GIG Real Estate Inc.|
|Listing Agent||Justin McCardle|
|Listing Agent BRE #||01895720|
Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, June 14, 2018.
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