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9003 Beverly Rd - Ground Lease Opportunity

0.58 Acres of Commercial Land in Pico Rivera, CA 90660

Investment Highlights

  • Retail development opportunity located at a signalized intersection along two major thoroughfares.
  • Traffic Counts: Approx. 95,709 CPD (Data provided by Inrix)
  • Dimensions: Approx. 130’ x 165’

Executive Summary

The City desires to sell the property to a qualified developer with established retail tenant(s). Proposals will be evaluated based on the prospective tenants' impact on community benefits, existing retail leakage, and economic activity in the surrounding area. Specifically, the City will give preference to proposals that include a unique restaurant and retail concepts that offer amenities such as outdoor gathering/dining spaces.
Deadline: Responses due by Monday, July 31st, 2023.

Property Facts Under Contract

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Restaurant
Total Lot Size 0.58 AC
Parcel Number 8121-003-902

1 Lot Available

Lot

Lot Size 0.58 AC

Vacant 25,412 SF City-owned commercial lot located at the busy northeast corner of Rosemead Blvd and Beverly Blvd. The site is centrally located near the 605 and 60 freeways offering a premier location to attract local residents and commuters.

Description

Vacant 25,412 S.F. City-owned commercial lot located at the busy northeast corner of Rosemead Blvd and Beverly Blvd. The opportunity site is centrally located near the 605 and 60 freeways offering a premier location to attract local residents and commuters throughout the day. The site is zoned C-G (General Commercial) with a Mixed-Use overlay, offering more flexible development standards. The City will work with the selected developer to streamline permitting and approvals for the project.

Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code C-G (General Commercial)
C-G (General Commercial)
  • Listing ID: 28852268

  • Date on Market: 6/15/2023

  • Last Updated:

  • Address: 9003 Beverly Rd, Pico Rivera, CA 90660

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