For Sale – 1416-1422 S Garfield Ave Alhambra

Overview

Type
Sqft.
1,382.00
sqft.
Price Per Sqft.
$
2,532.56
CAP Rate
2.86
%
Lot Size
16,086.00
sqft.

Description

Rosano Partners has been selected exclusively to market for a sale a single tenant net leased property. 1416 – 1422 S Garfield Ave Alhambra is situated at the prime location of City of Alhambra between the busiest section of Valley Blvd and I-10. The lot size is ±16,086 SF and the building is ±1,382 SF. It has a large parking lot with 37 parking spots. The property is currently fully leased to World Seafood Restaurant, a well-known Chinese restaurant in the community. A three year lease was signed recently with open options at the end of the term. This location is highly desirable, and the property will prove successful for decades to come.

Drive By Only. Please Do Not Disturb Tenants. Thank You.

Location Features
Alhambra is its own incorporated city located in the western San Gabriel Valley of Los Angeles County, and is approximately eight miles from Downtown Los Angeles. Alhambra in recent years has been an underserved community, and is currently experiencing revitalization and growth along its major commercial corridors such as Main St and Valley Blvd. Garfield Ave is the main freeway exit and throughway to the City of Alhambra. The corner has tremendous traffic of ± 65,680 and a large population within three miles.


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