5087 Walnut Grove Avenue

Description

Also selling 5079, 5081, and 5083 Walnut Grove Ave Rosemead. These properties can be sold together or separately. Welcome to 5087 Walnut Grove Avenue, located in the bustling city of Rosemead bordering San Gabriel. This exceptional industrial condominium offers a spacious and versatile workspace spanning approximately 5,335 square feet. Upon entering the property, you'll be greeted by a well-designed layout that maximizes functionality and efficiency. The interior boasts ample open space, providing endless possibilities for various business operations. The property features 24' high ceilings and 400 AMPs. The current tenant's lease has expired and is on a month-to-month tenancy, offering flexibility for both the new owner and the tenant. The lease rate for this property is $5,250 per month, with an additional $431 per month for common area maintenance (CAMs). Located in a prime industrial area, this property benefits from its strategic location in Rosemead. The surrounding neighborhood is a hub of commercial activity, offering easy access to major transportation routes, including highways and main roads. This allows for seamless connectivity and efficient distribution of goods and services. 5079, 5081, 5083, and 5087 Walnut Grove Ave presents a rare Owner-User/Investment opportunity to acquire 4 Industrial Condominiums totaling 17,347 square feet. 5083 and 5087 are on MTM and can be delivered vacant. That allows 4,000 and 5,335 sf of immediate space for an Owner User to occupy or rent to a market-rate tenant. Each unit has its own grade-level roll-up door and 3-5 designated parking spaces. 1 double door, and 1 exit door, 24’ clear height, and 400-Amps. The business park has handicapped spaces and guest parking. The property is located near the corner of Walnut Grove Ave and Grand Avenue with easy access to the 10 and 60 freeways. The property is in the heart of San Gabriel Valley and 20 minutes to DTLA. Strong demographics with household incomes in excess of $101,000 in a 2-mile radius.

Listing information courtesy of: JUSTIN CHU, KELLER WILLIAMS REALTY . *Based on information from the Association of REALTORS/Multiple Listing as of 11/12/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.