Marie Taylor Of NAI Capital Brokers $2.9M Retail Sale In San Gabriel

The property asset involved in the transaction is a three-building retail asset located at 259-267 S. San Gabriel Blvd. and 715 E. Broadway in San Gabriel. This retail space sold for $2,900,000.00 and has a total square footage of 11,712. The asset features three buildings on separate parcels with frontage along S. San Gabriel Boulevard and East Broadway, as well as a parking lot. At the time of sale, the property was partially leased. The seller, San Gabriel Sash & Door Inc., intends to lease back 2,156 square feet of the property, while the new owner will occupy the vacant unit.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,900,000.00
• Square Footage: 11,712
• Address: 259 S San Gabriel Blvd, San Gabriel
• Market: San Gabriel
• Seller's Representative: Marie Taylor - NAI Capital
• Buyer: Unknown

Marie Taylor of NAI Capital Commercial’s Investment Services Group handled the transaction. The property comprises multiple parcels, enhancing its market presence along key thoroughfares, and reflects strategic urban retail investment considerations.