201 E Main St - Storefront FOR SALE


Alhambra, CA 91801
$9,500,000 USD
310-312-1800
201 E Main St, Alhambra, CA for Sale
$9,500,000 USD
Storefront - FOR SALE
1/6
null | 6% Cap Rate

201 E Main St
Alhambra, CA 91801


HIGHLIGHTS

  • Located at the center of Downtown Alhambra (East Main St. and Garfield Ave.)
  • Traffic Count 29,995 Cars Per Day
  • Adjacent to Regal Edwards Alhambra Renaissance & IMAX Theatre at Garfield Ave
  • Legacy Tenant Ross Stores at the location for over two decades
  • Recent early extension of Fourth Option to Extend the Lease Term
  • Low Cost Per Foot at $297

OVERVIEW

Kidder Mathews is pleased to present an Exclusive Offering for a Single Tenant 100% Leased opportunity leased to Ross Dress For Less, Inc. This opportunity consists of a freestanding two-level building situated among other local, regional, and national tenants. The Property is located on East Main Street, just a few parcels east of Garfield Avenue, a major north and south corridor in the San Gabriel Valley. The concentrated area known as the "Alhambra Mosaic" brings a mix of restaurants, retail shops, specialty boutiques, cafes, and entertainment venues, centrally situated around a one-mile radius from Main Street and Garfield Ave intersection. Comprised of numerous restaurants and services, as well as the Alhambra Auto Row, the intersection of Main Street and Garfield Ave has been a center of commerce since 1895.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$293 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ross Dress For Less

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,129 SF

ZONING

CBD/DRD, Alhambra

APN/PARCEL ID

5337-026-024

ASK ABOUT THIS PROPERTY

Darrell LevonianKidder MathewsMore Info
310-312-1800

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Darrell LevonianKidder MathewsMore Info
310-312-1800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.