™
F o r L e a s e o r S a l e3 7 0 1 S A N T A A N I T A A V EE L M O N T E , C A
2 | M a t t h e w s™
™
m i c h a e l p a k r ava n
SVP & National Director
Michael [email protected] (310) 919-5737MOB (213) 219-566LIC # 01706065 (CA)
E X C L U S I V E L I S T I N G A G E N T S
j e f f e r y m i l l e r
Associate
Jeffery.Mi l [email protected] (424) 220-7263MOB (817) 239-1566LIC # 02013110 (CA)
k y l e m at t h e w s
Chairman & CEO
[email protected] (310) 919-5757LIC # 01469842 (CA)
E l M o n t e , C A | 3
C O N T E N T S
4 LOCATION HIGHLIGHTS
5 PROPERTY INFORMATION
1 1 AREA OVERVIEW
6 SURROUNDING TENANTS
S u b j e c t P r o p e r t y
4 | M a t t h e w s
• Strategic Corner Opportunity with Excellent Potential
• Less than half a mile away from 10 freeway
• Major signalized corner with multiple points of access and visibility
• Potential with both sale and leasing provides ultimate flexibility
• Dense Demographics within a Growing Market
• Over half a million people in a five-mile radius
• Multiple recently opened new developments, along with future development leading to a revitalized retail corridor
• Strong traffic counts of 50,000 VPD (± 25,000 VPD on Valley Blvd and ± 25,000 VPD Santa Anita) and over 210,000 VPD on the 10 freeway
• Major investment in the area with Santa Fe Trails, El Monte Transit Center, and Gateway Transit Oriented Development provides natural market hedges
L O C AT I O N H I G H L I G H T S
E l M o n t e , C A | 5
Location
El Monte, CA
Address
3701 Santa Anita Ave
Zip Code
93618
Year Built
1985
Square Footage
± 4,060 SF
lot size
± 17,115 SF
p r o p e r t y i n f o r m at i o n
1 - M i l e D e m o g r a p h i c s
29,190
POPULATIONAVERAGE
HOUSEHOLD INCOME
$56,401
NUMBER OFHOUSEHOLDS
7,738
DAYTIMEPOPULATION
22,214
Valley Blvd ± 25,000 ADT
Sant
a A
nita
± 2
5,00
0 A
DT
LIST PRICE RENTAL RATE
Negotiable Negotiable
Financials
6 | M a t t h e w s
s i t e p l a n
Valley Ave
Sant
a A
nita
Ave3 7 0 1 S A N T A
A N I T A A V E
E l M o n t e , C A | 7
S U R R O U N D I N G T E N A N T S
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S U R R O U N D I N G R E TA I L
Distance to Santa fe trail plaza: 0.1 Miles Superior GrocerSubwayStarbucks
Chipotle Mexican GrillRoss Petco
Del TacoJack in the boxWingstop
E l M o n t e , C A | 9
S u b j e c t P r o p e r t y
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R E G I O N A L M A P
L O C A L M A P
S u b j e c t P r o p e r t y
S u b j e c t P r o p e r t y
C a r l ’ s J r | E l M o n -
El Monte is a residential, industrial, and commercial city in Los Angeles County of Southern California, the United States. The city lies in the San Gabriel Valley east of the city of Los Angeles.
Located approximately 12 miles east of downtown Los Angeles, El Monte is the hub of the San Gabriel Valley, where two major freeways – Interstates 605 and 10 – intersect and is the ninth largest city (out of 88) in Los Angeles County with a population of approximately 120,000. The land uses within its 10 square mile area are 58 percent residential, 11 percent retail, 10 percent industrial, 7 percent office/retail, and 14 percent other of amenities.
El Monte is also home to Longo Toyota, the number one auto dealer in the United States by sales and volume. Other major retail businesses include Home Depot, Sam’s Club, and Sears Essentials. Major industries include the Von’s Distribution Warehouse, Wells Fargo Operations Center, and regional offices for East West and Cathay Banks.
With the growing population in El Monte, community and educational facilities continue to improve. New parks are being built to serve the growing population with many active sports programs. A brand new Aquatic Center with three pools is located along the Tyler Avenue Heritage District, which includes the City’s Community and Senior Centers, museums, and a public library.
E l M o n t e , C A
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FletcherPark
Pioneer Park
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10SAN BERNARDINO F W Y
Metro Division 9Bus Yard
MTA WAY - Closed to the Public
Lot C
Lot B
Lot A
Lot D
Lot 1
Lot 2
Lot 3
Lot 5
Lot 4
Now open to the public.
El Monte Station
Rio H
ondo
Parking Entrances
Parking Entrance
El Monte Station Parking
11-1309 ©2011 LACMTASubject to Change
El Monte StationBus Bays
Customer Parking
Bike Racks & Lockers
Drop-off Location
Building
Metrolink and station
Subject to Change 13-1130 ©2012 LACMTA
El Monte StationBus Bays
Estacionamiento para clientes
Portabicletas y casilleros para bicicletas
Building Acera de peatones
Sujeto a cambios 11-0574 ©2010 LACMTA
El Monte Station Bus Bays/Plataformas de la estación El Monte
Customer Parking/Estacionamiento para clientes
Bike Racks & Lockers/ Portabicletas y casilleros para bicicletas
Building /Edificio
Walkway/Acera de peatones
Drop-off Location/Zona de descargo
Subject to ChangeSujeto a cambios
11-0941 ©2011 LACMTA
Sujeto a cambios
Portabicletas y casilleros para bicicletas
Acera de peatones
NOTE: Parking Lot D hours are Mon – Fri, 6am - 7pm only.
Downtown RevitalizationIn an effort to draw more investment to its Downtown area, the City of El Monte is considering a new specific plan that would facilitate the construction of dense multifamily housing and pedestrian-oriented developments.
The “Downtown Main Street Transit-Oriented Development Specific Plan,” funded by a grant from Metro, encompasses an approximately 115-acre area bounded by the Rio Hondo River, Santa Anita Avenue, Ramona Boulevard and the Metrolink right-of-way. A full buildout of the the plan area could generate up to 2,200 residential units and 500,000 square feet of commercial space by the year 2035.
The existing Valley Mall is to be renamed Main Street, in recognition of its status as the historic commercial corridor of Downtown El Monte. The Main Street Sub-Area, already home to a number of “mom-and-pop” shops and restaurants, is being reenvisioned with vertical mixed-use development featuring residential uses or offices about ground-floor commercial space.
S u b j e c t P r o p e r t y
E l M o n t e , C A | 1 3
el monte veterans memorial & Bike Path Just a few months ago, the city of El Monte, the county of Los Angeles and Metro opened access to the station for bicycle riders via the Rio Hondo Bike Path. For the first time, a person can ride on a dedicated bikeway from as far away as Long Beach or as near as Temple City and Arcadia to the new bus station without traveling on a highway.
Metro included an indoor “Bike Hub” that gives bike riders access to secure lockers and enables them to buy a spare tube or other accessories for the ride.
Eventually, a pathway and short S-curve was built, leading bicycle riders from the Rio Hondo Bike Path to the west side of the station at the rear of the bus terminals. Marked lanes and green signs direct bicycle riders to the front, where there are bicycle racks and the Bike Hub store.
The city recent;y unveiled a $26,000 statue dedicated to military veterans at the corner of one of its busiest intersections.
What used to be known as Gateway Park, at the northwest corner of the intersection of Santa Anita Avenue and Valley Boulevard, is now Veterans Memorial Park, bearing the flags of the five major military branches. Now the park also features a bronze statue of a soldier kneeling before a battle cross — a helmet, rifle and boots, arranged to honor fallen soldiers.
In addition to building Veterans Memorial Park, the city is also working with nonprofit organizations to build affordable veterans housing in the city.
POPULATION 1-MILE 3-MILE 5-MILE
2000 Census 29,116 237,239 568,966
2010 Census 27,994 236,943 571,481
2017 Estimate 29,190 244,395 589,115
2022 Projection 30,293 252,129 607,519
Growth 2010 to 2017 4.27% 3.15% 3.09%
Growth 2017 to 2022 3.78% 3.17% 3.12%
HOUSEHOLDS 1-MILE 3-MILE 5-MILE
2010 Census 7,331 62,504 161,009
2000 Census 7,147 61,056 158,385
2017 Estimate 7,738 64,722 166,343
2022 Projection 8,082 66,925 171,805
Growth 2010 to 2017 5.55 3.55 3.31
Growth 2017 to 2022 4.45 3.40 3.28
D E M O G R A P H I C SINCOME 1-MILE 3-MILE 5-MILE
$ 0 - $14,999 1,007 6,960 15,936
$ 15,000 - $24,999 1,297 9,074 19,382
$ 25,000 - $34,999 1,021 7,595 17,278
$ 35,000 - $49,999 1,376 10,017 22,653
$ 50,000 - $74,999 1,246 10,961 28,462
$ 75,000 - $99,999 725 6,967 19,883
$100,000 - $124,999 393 4,709 14,329
$125,000 - $149,999 299 2,943 9,093
$150,000 - $199,999 217 2,917 9,640
$200,000 - $249,999 72 1,148 4,126
$250,000 - $499,999 68 1,126 4,222
$500,000+ 16 305 1,339
2017 Est. AverageHousehold Income
$56,401 $68,693 $79,287
2017 Est. MedianHousehold Income
$40,535 $47,862 $56,110
L O S A N G E L E S M S ALos Angeles is the third largest metropolitan economy in the world, with a population of 13 million and a GDP of over $700 billion. L.A.’s rise to global prominence in such a short time is a testament to the can-do spirit of its residents and businesses, and to a culture of thinking big. Los Angeles has always been an incubator of new ideas, and the scale of its economy reflects the impact that L.A.’s brand of creativity and innovation has had on the world. And it’s a way of thinking that cuts across industries.
The Los Angeles economy is exceptionally diversified, with established industry clusters ranging from Aerospace, entertainment, and fashion to biomedical services, consumer products, and tourism.
$700 BILLIONGDP
±18.6 MILLIONCSA Population
This Leasing Package contains select informat ion pertaining to the business and af fa i rs of Vacant Building located at 3701 Santa Anita Ave, El Monte, CA 98503. I t has been prepared by Matthews Real Estate Investment Services. This Leasing Package may not be al l - inclusive or contain a l l of the informat ion a prospect ive purchaser may desire. The informat ion contained in th is Leasing Package is conf ident ia l and furnished solely for the purpose of a review by a prospect ive purchaser of the Property. I t is not to be used for any other purpose or made avai lable to any other person without the wri t ten consent of Sel ler or Matthews Real Estate Investment Services. The mater ia l is based in part upon informat ion suppl ied by the Sel ler and in part upon f inancial informat ion obtained from sources i t deems rel iable. Owner, nor their of f icers , employees, or agents makes any representat ion or warranty, express or impl ied, as to the accuracy or completeness of th is Leasing Package or any of i ts contents and no legal l iabi l i ty is assumed or shal l be impl ied with respect thereto. Prospect ive purchasers should make their own project ions and form their own conclusions without rel iance upon the mater ia l contained herein and conduct their own due di l igence.
By acknowledging your receipt of th is Leasing Package for the Property, you agree:
1 . The Leasing Package and i ts contents are conf ident ia l ;
2 . You wi l l hold i t and treat i t in the str ictest of conf idence; and
3. You wi l l not , d i rect ly or indirect ly, d isclose or permit anyone else to disclose this Leasing Package or i ts contents in any fashion or manner detr imental to the interest of the Sel ler.
Owner and Matthews Real Estate Investment Services expressly reserve the r ight , at their sole discret ion, to reject any and al l expressions of interest or of fers to purchase the Property and to terminate discussions with any person or ent i ty reviewing this Leasing Package or making an of fer to purchase the Property unless and unt i l a wr i t ten agreement for the purchase and sale of the Property has been ful ly executed and del ivered.
I f you wish not to pursue negot iat ions leading to the acquis i t ion of the Property or in the future you discont inue such negot iat ions, then you agree to purge al l mater ia ls relat ing to th is Property including this Leasing Package.
A prospect ive purchaser ’s sole and exclusive r ights with respect to th is prospect ive t ransact ion, the Property, or informat ion provided herein or in connect ion with the sale of the Property shal l be l imited to those expressly provided in an executed Purchase Agreement and shal l be subject to the terms thereof. In no event shal l a prospect ive purchaser have any other c la ims against Sel ler or Matthews Real Estate Investment Services or any of their af f i l iates or any of their respect ive of f icers , Directors , shareholders, owners, employees, or agents for any damages, l iabi l i ty, or causes of act ion relat ing to th is sol ic i tat ion process or the market ing or sale of the Property.
This Leasing Package shal l not be deemed to represent the state of af fa i rs of the Property or const i tute an indicat ion that there has been no change in the state of af fa i rs of the Property s ince the date this Leasing Package.
C O N F I D E N T I A L I T Y & D I S C L A I M E R S TAT E M E N T
1 6 | M a t t h e w s
BROKER OF RECORD
™
e x c l u s i v e l i s t i n g a g e n t s
F o r L e a s e o r S a l e
3 7 0 1 S A N T A A N I T A A V E
E L M O N T E , C A
j e f f e r y m i l l e r
Associate
Jeffery.Mi l [email protected] (424) 220-7263MOB (817) 239-1566LIC # 02013110 (CA)
m i c h a e l p a k r ava n
SVP & National Director
Michael [email protected] (310) 919-5737MOB (213) 219-566LIC # 01706065 (CA)
k y l e m at t h e w s
Chairman & CEO
[email protected] (310) 919-5757LIC # 01469842 (CA)