Four-Bay Net Leased Tire
For Sale
$1,650,000
600 W Valley Blvd, Alhambra, CA 91803
Single-tenant net-leased Just Tires operates from a four-bay automotive repair building at a hard-corner, signalized intersection.
Property Size3,350 SF
Lot Size0.17 Acres
Price / SF$492.54
Days on Market123
Property Features for 600 W Valley Blvd
General Information
Standard status
Active
Size
3,350 SF
Lot size
0.17 Acres
Property subtype
Retail
Site & Location
Traffic Count
32,600 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Service Bays
4
Building Details
Building Size
3,350 SF
Tenancy
Single
Listing Agency:
Colliers
Listed By:
Jereme Snyder · License #01360233
(949) 724-5552
Source:
Commercialcafe
Added: Jun 22
Changed: Oct 19
Last Checked: Oct 20 at 5:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers
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Investment Insights
Based on property information with market context.
This offering presents a single-tenant net-leased Just Tires facility. The property includes a four-bay automotive repair building totaling 3,350 SF on a 0.17-acre parcel, with the tenant operating successfully at the location since 1999. The lease has 2.7 years remaining in the primary term, followed by three 5-year option periods, and is structured as a net lease with minimal landlord responsibilities.
The site is positioned on a hard corner signalized intersection of W Valley Blvd and S 6th Street. The combined traffic count for these roadways is listed as exceeding 32,600 VPD, and the San Bernardino Freeway (I-10) is within a half mile of the property with traffic over 216,700 VPD. Retail and banking amenities nearby include The Home Depot, US Supermarket, CVS Pharmacy, Bank of America, Chase Bank, Wells Fargo, 7-Eleven, and multiple quick-service and restaurant operators.
The site is positioned on a hard corner signalized intersection of W Valley Blvd and S 6th Street. The combined traffic count for these roadways is listed as exceeding 32,600 VPD, and the San Bernardino Freeway (I-10) is within a half mile of the property with traffic over 216,700 VPD. Retail and banking amenities nearby include The Home Depot, US Supermarket, CVS Pharmacy, Bank of America, Chase Bank, Wells Fargo, 7-Eleven, and multiple quick-service and restaurant operators.
Key Highlights
- Single‑tenant net lease Just Tires operates from a 3,350 SF four‑bay automotive repair building
- Located on a 0.17‑acre parcel at a hard‑corner signalized intersection on W Valley Blvd and S 6th Street
- Traffic counts exceed 32,600 VPD on W Valley Blvd and S 6th Street combined
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,117
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,482,340
$1.5M
Cap Rate 7%
$1,058,814
$1.1M
Cap Rate 9%
$823,522
$823.5K
Market Conditions
NOI Build-Up for 3,350 SF
Gross rent
$113.4K $33.84/SF
− Vacancy
−$7.5K −$2.23/SF
EGI
$105.9K $31.61/SF
− OpEx
−$31.8K −$9.48/SF
NOI
$74.1K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,482,340
Cap Rate 7%
$1,058,814
Cap Rate 9%
$823,522
Alternative Uses
Best Use
Retail
$1.06M
$926.5K – $1.24M
NOI $74,117 @ 7.0% cap · market cap 4.49%
Second Best
Industrial
$559.3K
$489.4K – $652.5K
NOI $39,148 @ 7.0% cap · market cap 2.37%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,550 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Service bays
32,600 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,484
Businesses Nearby
119k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 77%
Home Improvements & Furnishings 12%
Shops & Services 6%
Electronics 3%
Raising Cane's Chicken Fingers
Dining
58,075 visits/mo
0.3 miles
Wendy's
Dining
15,462 visits/mo
0.3 miles
Mission Hardware
Home Improvements & Furnishings
13,870 visits/mo
0.5 miles
Lee's Sandwiches
Dining
9,973 visits/mo
0.3 miles
Citibank
Shops & Services
7,384 visits/mo
0.4 miles
Demographics for 91803, CA
29,374
Population
10,439
Households
2.8
Avg Household Size
42
Median Age
37%
College-Educated
80%
High-School Grad
3.3 sq mi
ZIP Area
8,901
Density / Sq Mi
$84,537
Median Household Income
$47,579
Median Earnings
$1,790
Median Rent
$831,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Romano Towing Company — 3234 isabel ave, rosemead, ca 91770
- Vo Auto Repair — 631 N Garfield Ave, Monterey Park, CA 91754
- Roth Auto Repair & Tires Services — 632 N Garfield Ave, Monterey Park, CA 91754
- Auto Glass Mobile — 166 W Saxon Ave, San Gabriel, CA 91776
- H H Motor Service — 434 W Valley Blvd, Alhambra, CA 91803
Frequently Asked Questions
What type of property is this?
Auto shop - Single-tenant net-leased Just Tires operates from a four-bay automotive repair building at a hard-corner, signalized intersection.
Where is this auto shop located?
The property is located at 600 W Valley Blvd Alhambra, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Single‑tenant net lease Just Tires operates from a 3,350 SF four‑bay automotive repair building; Located on a 0.17‑acre parcel at a hard‑corner signalized intersection on W Valley Blvd and S 6th Street; Traffic counts exceed 32,600 VPD on W Valley Blvd and S 6th Street combined
