Coldwell Banker Commercial · Team Ukropina
626.898.2308 · kathi.constanzo@cbcnrt.com
Monrovia

Monrovia commercial real estate.

Old Town Monrovia anchors one of the most active retail districts in the San Gabriel Valley. The 210 corridor adds light industrial and flex depth. Monrovia is one of Team Ukropina's defined focus cities — and a market Kathi works with depth.

4+
Commercial Corridors
Retail+
Office, Medical, Light Industrial
38K
Residents
Old Town
Myrtle Avenue Historic District
Why Kathi · Monrovia

One of Team Ukropina's defined cities.

Monrovia sits at the heart of the 210 corridor — the stretch of the San Gabriel Valley running through Pasadena, Arcadia, and Monrovia that Team Ukropina has specifically built its practice around. For Kathi and the team, Monrovia is not an adjacent market to serve when the right deal appears; it's one of the cities where they actively work with depth and continuity.

The Monrovia commercial market is unusually balanced for an SGV city this size. Old Town Monrovia — ten walkable blocks along Myrtle Avenue — is among the busiest retail districts in the entire San Gabriel Valley, second only to Old Town Pasadena. The Friday-night street fair on Myrtle has been a regional draw for decades. East and west of Old Town, the Huntington Drive corridor (historic Route 66) carries auto-oriented retail, professional office, and a meaningful supply of light industrial and flex space toward the 210 freeway.

Monrovia transactions reward brokers who understand both sides of that mix — the relational, foot-traffic-driven dynamics of Old Town retail and the more institutional rhythms of the Huntington/Foothill corridors. Kathi brings twenty-plus years of professional discipline and attention to detail, deep relationships across the SGV, and the consistency of representing a market that Team Ukropina has worked for decades.

Submarkets

Five Monrovia corridors. Each with its own profile.

Monrovia's commercial market spans five primary submarkets, each with a distinct tenant mix, ownership profile, and pricing logic.

Old Town Monrovia

Myrtle Avenue

Monrovia's signature commercial district — ten walkable blocks along Myrtle Avenue, packed with restaurants, boutiques, a Krikorian movie theater, and a year-round mix of locally owned and regional retail tenants. The Friday-night Family Festival street fair is a decades-long regional draw. Among the busiest retail submarkets in the San Gabriel Valley.

Huntington Drive (Route 66)

East & West Huntington

Monrovia's east-west arterial — historic Route 66 — runs the length of the city and carries auto-oriented retail, hospitality, professional office, and pockets of mixed-use redevelopment. The signalized intersection of Huntington and Myrtle is one of the city's highest-visibility commercial corners.

Foothill Boulevard

Foothill corridor

Monrovia's northern arterial, running parallel to the foothills. Mixed-use, professional office, and neighborhood-serving retail. A submarket that's seen sustained reinvestment as Monrovia's residential demographics have continued to lift.

South Monrovia / 210 Corridor

Light industrial & flex

South of the 210 freeway — Monrovia's light-industrial, warehouse, and flex inventory. Last-mile distribution, life-sciences-adjacent users, and a meaningful supply of mid-sized industrial product. Strong owner-user activity and steady investment demand.

Mountain Avenue / Station District

Station District & mixed-use

The area around the Monrovia Gold Line station — Mountain Avenue and the Station Square mixed-use district. New-construction multifamily, ground-floor retail, and the kind of transit-oriented development pattern that's reshaping the eastern SGV. One of Monrovia's most active redevelopment submarkets.

Medical & Professional

Medical office

Monrovia supports a steady pipeline of medical and professional office demand, including practices serving the surrounding cities. Office product is spread across Huntington, Foothill, and Old Town adjacent — varied product types and price points.

Services · Monrovia

Every commercial real estate service in Monrovia.

Retail, office, medical, light industrial — Kathi handles the full range of Monrovia commercial engagements, with the depth that comes from a market Team Ukropina has worked for decades.

01

Tenant Representation · Monrovia

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02

Landlord & Owner Representation · Monrovia

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03

Investment Sales · Monrovia

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04

Strategic Advisory · Monrovia

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About the Market

Monrovia, at a glance.

A working profile of the Monrovia commercial market — the facts that shape decisions for the SGV's most balanced mid-size commercial city.

The City

Monrovia is a city of approximately 38,000 residents across 14 square miles in the central-eastern San Gabriel Valley, immediately east of Arcadia along the 210 freeway. Incorporated in 1887, it's one of the oldest cities in Los Angeles County. The city is anchored by Old Town Monrovia, the 210 corridor, the Monrovia Gold Line station, and the foothills of the San Gabriel Mountains to the north.

Anchors & Identity

  • Old Town Monrovia · 10-block Myrtle Avenue retail district
  • Monrovia Family Festival · weekly Friday-night street fair
  • Krikorian Monrovia Cinema · regional movie theater
  • Monrovia Gold Line Station · Metro L Line stop
  • Station Square · transit-oriented mixed-use district
  • Foothills & trail network · adjacent open space

Dominant Commercial Sectors

  • Retail & food & beverage (Old Town / Myrtle Avenue concentration)
  • Professional services (legal, accounting, real estate, design)
  • Light industrial & flex (south Monrovia / 210 corridor)
  • Mixed-use & multifamily (Station District)
  • Hospitality & entertainment (Old Town and Huntington)
  • Medical & dental office (scattered across Huntington/Foothill)

Property Mix

Monrovia has one of the most balanced commercial property mixes in the SGV. Concentrated street retail in Old Town, auto-oriented retail and office along Huntington Drive, light industrial and flex south of the 210, mixed-use redevelopment around the Gold Line station, and scattered medical and professional office throughout. The balance creates real opportunity for investors who want diversification within a single city.

What Makes Monrovia Different

Monrovia's commercial fabric is unusually complete for a mid-size SGV city. Most SGV cities concentrate around a single corridor or property type; Monrovia carries retail, office, industrial, mixed-use, and hospitality with meaningful depth in each. Add the Gold Line station and the city's investment in transit-oriented development, and Monrovia stands out as a place where commercial real estate strategy actually has multiple credible paths. Team Ukropina has worked Monrovia for decades — there's no learning curve here.

Current Pricing & Comps

Monrovia commercial pricing varies meaningfully by submarket — Old Town retail prices very differently from south-of-the-210 industrial, Huntington office, or Station District mixed-use. For current comps tailored to a specific corridor and use, reach out to Kathi directly. She'll respond personally with what she's seeing right now.

FAQ

Monrovia commercial real estate, answered.

Common questions about the Monrovia commercial market. For anything specific to your situation, the answer is always: just call.

What is the commercial real estate market like in Monrovia?

Monrovia is one of the most balanced mid-size commercial markets in the San Gabriel Valley — 38,000 residents, five active commercial corridors, a major retail district in Old Town (Myrtle Avenue), a Metro Gold Line station, and meaningful inventory across retail, office, light industrial, and mixed-use. Old Town Monrovia is among the busiest retail districts in the SGV. Huntington Drive carries professional and auto-oriented activity. South Monrovia adds light industrial depth. The Station District (Mountain Avenue and Gold Line area) is one of the SGV's most active transit-oriented redevelopment submarkets.

What are the main commercial corridors in Monrovia?

Five primary corridors carry most of Monrovia's commercial activity. Myrtle Avenue (Old Town Monrovia) is the city's signature retail and entertainment spine — ten walkable blocks of restaurants, boutiques, theaters, and Friday-night street-fair traffic. Huntington Drive (Route 66) runs east-west and supports auto-oriented retail, professional office, and mixed-use. Foothill Boulevard is the northern arterial with neighborhood-serving retail and office. South Monrovia (along the 210) carries the city's light industrial and flex inventory. And the Mountain Avenue / Station District around the Gold Line station is the city's most active mixed-use redevelopment node.

How much does commercial space cost in Monrovia?

Monrovia commercial pricing varies meaningfully by submarket and property type. Old Town Myrtle Avenue retail prices very differently from south-of-the-210 industrial, Huntington office, or Station District mixed-use.

For accurate current comps tailored to a specific corridor and use, contact Kathi directly at 626.898.2308 or kathi.constanzo@cbcnrt.com.

Why does Team Ukropina specifically focus on Monrovia?

Team Ukropina is built around the 210 corridor in the central San Gabriel Valley — Pasadena, Arcadia, and Monrovia. Bill Ukropina has been working this corridor for four decades, and Monrovia is one of the cities the team specifically targets. For Kathi, that means deep institutional knowledge of Monrovia's commercial fabric, multi-decade relationships with property owners on Myrtle and Huntington, and a track record across all five submarkets — Old Town retail, Huntington office, Foothill mixed-use, south-of-the-210 industrial, and the Station District.

Is Monrovia a good market for commercial real estate investment?

Monrovia is one of the more flexible investment markets in the SGV — the property-type diversity means multiple credible investment theses can work in the same city. Retail-income investors find product in Old Town. Light-industrial and flex investors find inventory south of the 210. Mixed-use developers find redevelopment plays around the Station District. Office investors find product on Huntington.

The trade-off: Monrovia is smaller than Pasadena or Arcadia, so volume is lower and acquisition timelines can run longer. The right investment thesis matters more here than in higher-volume markets. Kathi can help you understand whether Monrovia fits what you're trying to build.

What types of commercial properties are available in Monrovia?

Monrovia has one of the most balanced commercial inventories in the SGV. The mix includes street retail (concentrated on Myrtle Avenue in Old Town), auto-oriented retail (along Huntington Drive), professional and medical office (scattered across Huntington and Foothill), light industrial and flex space (south of the 210), mixed-use and multifamily (around the Gold Line station), and pockets of hospitality and entertainment near Old Town.

Also serving the San Gabriel Valley.

Monrovia is one of Team Ukropina's defined cities along the 210 corridor.

Let's Talk Monrovia

Working on a Monrovia commercial decision?

Monrovia rewards patience and depth — and Team Ukropina has worked this city for decades. Fifteen minutes with Kathi will tell you whether she's the right partner for what you're working on. She answers her own phone.