Signalized Corner Office
For Sale
Contact for pricing
622 -626 W Main St, Alhambra, CA 91801
Office building with adjoining land supports continued occupancy, user operations, or future redevelopment planning.
Property Size6,738 SF
Price / SF$326.51
Days on Market187
Property Features for 622 -626 W Main St
General Information
Standard status
Active
Size
6,738 SF
Property subtype
Retail
Listing Agency:
Rosenfeld Co.
Listed By:
Matthew Rosenfeld · License #TX 626809
(214) 755-9797
Source:
Crexi
Added: Apr 13
Changed: Oct 10
Last Checked: Oct 14 at 10:30PM
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 Rosenfeld Co.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property occupies a signalized corner and includes additional land, creating a combined building-and-land configuration. The asset is positioned for continued office use or evaluation as a redevelopment site, subject to applicable approvals and site requirements.
Key Highlights
- Signalized corner office building
- Additional land included with the office property
- Combined office and land configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$147,287
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,945,740
$2.9M
Cap Rate 7%
$2,104,100
$2.1M
Cap Rate 9%
$1,636,522
$1.6M
Market Conditions
NOI Build-Up for 6,738 SF
Gross rent
$258.7K $38.40/SF
− Vacancy
−$62.4K −$9.25/SF
EGI
$196.4K $29.15/SF
− OpEx
−$49.1K −$7.29/SF
NOI
$147.3K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,945,740
Cap Rate 7%
$2,104,100
Cap Rate 9%
$1,636,522
Alternative Uses
Best Use
Office B
$2.10M
$1.84M – $2.45M
NOI $147,287 @ 7.0% cap · market cap 6.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.61M
$3.16M – $4.21M
NOI $252,525 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,833
Businesses Nearby
Explore this area
Business Placement
Demographics for 91801, CA
53,669
Population
21,702
Households
2.5
Avg Household Size
41
Median Age
41%
College-Educated
85%
High-School Grad
4.3 sq mi
ZIP Area
12,481
Density / Sq Mi
$85,549
Median Household Income
$47,855
Median Earnings
$1,879
Median Rent
$797,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Office building with adjoining land supports continued occupancy, user operations, or future redevelopment planning.
Where is this office building located?
The property is located at 622 -626 W Main St Alhambra, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Signalized corner office building; Additional land included with the office property; Combined office and land configuration
