1101 Valley Blvd Alhambra, CA 91803
- Retail properties
- 2,022 SF
Current Use by Public Records
- Oral Care Dental Center / Dentist / Prosthodontist
- Yee-Louie Insurance Inc / Insurance Agency
- KAPLI,Inc. / Accounting School
- Digital Planet SEM / Software Company
- Wong Chiropractic Clinic / Chiropractor
Property Details for 1101 Valley Blvd
- Year built
- 1984
- Property size
- 2,022 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a 2,022 square foot T-Mobile storefront located at 1101 W Valley Blvd, Alhambra, CA 91803. The property, built in 1984 and boasting a two-story structure on a 14,995 square foot lot, is currently operating under a Net Lease (NNN) agreement with a franchisee tenant. The asking price is $1,495,000, representing a compelling $739.37 per square foot and a 6.03% capitalization rate. The property generates a Net Operating Income (NOI) of $90,116, reflecting a 100% occupancy rate. The lease expires on October 31, 2024, offering a potential for lease extension with the established T-Mobile tenant. This prime retail space is situated on a signalized corner with high visibility at the northwest corner of Valley and Atlantic Boulevards, directly across from Chase Bank. Ample rear parking is available, and the location provides convenient access to freeways 10 and 710. The surrounding area offers a vibrant mix of restaurants, shopping, and public transportation options, enhancing the property's appeal and potential for continued success. This is a rare opportunity to acquire a strong-performing, net-leased retail property in a desirable Alhambra location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alhambra
- County
- Los Angeles
- State
- California
- Longitude
- -118.135
- Latitude
- 34.078
