Target — Sale in El Monte, CA

  • Price: $35.3M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: El Monte, CA 91731
  • Size: 125,974 SF

Photos

Target — Sale in El Monte, CA, photo 1 of 4
Target — Sale in El Monte, CA, photo 2 of 4
Target — Sale in El Monte, CA, photo 3 of 4
Target — Sale in El Monte, CA, photo 4 of 4

Investment Figures

Price per square foot
$280

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Newmark Pacific Capital Markets is pleased to present to qualified investors the rare opportunity to acquire the fee simple interest in a new single tenant NNN full-sized Target (“Property”) in the dynamic El Monte submarket of Los Angeles. The Property is comprised of a 125,974 square foot full-sized Target store on approximately 8.31 acres of land. Target executed a new 15-year lease with 10% increases every five (5) years and four (4) five (5) year options to extend. Target and the Landlord have made a very large capital investment in this property and the result is stunning. Target opened their new “state-of-the-art” facility on October 13, 2024. El Monte is located approximately 12 miles from Downtown Los Angeles and considered the hub of the San Gabriel Valley where Interstates 10 and 605 intersect. It is home to a dense and diverse consumer base and daytime population. The outstanding demographic profile of this submarket includes 221,887 people with AHHI exceeding $96,000 within 3 miles and over 537,000 people with an AHHI of $105,000 within 5 miles. This business-friendly city services the San Gabriel Valley and is home to some of the most successful car dealerships in the country. The Property sits adjacent to Longo Lexus and Longo Toyota, the #1 volume & sales auto dealership in the United States. Other notable retailers in El Monte Center include Planet Fitness, Wendy’s, Yoshinoya, and three pending national drive-thru tenants. This is a very rare opportunity to acquire a brand new, state of the art Target on a long-term lease located in a very desirable infill, Los Angeles submarket.

Market Context

This retail in El Monte, CA is listed for sale at $35,272,000 across 125,974 SF. Compare it against other retail listings for sale in El Monte, CA — view the full market.

As of Q2 2026, the Greater Los Angeles retail market showed a 5.6% vacancy rate, and average asking rents near $34.14/SF/yr. Source: multiple brokerage reports, Q2 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

Is the Greater Los Angeles retail market tightening or softening?
Vacancy is around 5.6% (Q2 2026).

Estimated Price per SF

$237.99/SF – $1,731/SF

Mid: $721.17/SF

Estimated price for 125,974 SF: $90,848,670 (range $29,980,552 – $218,037,059)

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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