across edwards from theaters...edwards theaters across from . 1411 s. garfield ave, alhambra ca91801...
TRANSCRIPT
FOR SALE 2 - 6 W. MAIN STREET
ALHAMBRA, CA 91801
EDWARDS
THEATERS
ACROSS
FROM
1411 S. Garfield Ave, Alhambra CA91801
Office(626) 458-9000
Cell(626) 297-1228
407 W. Valley Blvd., Suite 4, Alhambra, CA91803
WWW. GEPROPERTY. COM
PHOTOS
Raymond Ho Director of Investment
1411 S. Garfield Ave, Alhambra CA91801
Office(626) 458-9000
Cell(626) 297-1228
407 W. Valley Blvd., Suite 4, Alhambra, CA91803
WWW. GEPROPERTY. COM
OFFERING
Raymond Ho Director of Investment
2 – 6 W MAIN STREET, ALHAMBRA PRICE: $2,900,000
SIZE: 6,200 SQFT*
NOI: $112,500 in 2020
CAP RATE: 4% *size includes 1,800 SQFT Basement & Mezzanine per owner
• Downtown Alhambra
• Major Intersection of Main St and
Garfield Ave
• Across from Edwards Renaissance
14 & IMAX Theaters
• Surrounded by Four Public Parking
Structures
• High School and City Hall Nearby
• New Roof in 2017
• New Restaurant Build Out in 2018
• Optometry side has Basement &
Mezzanine
1411 S. Garfield Ave, Alhambra CA91801
Office(626) 458-9000
Cell(626) 297-1228
407 W. Valley Blvd., Suite 4, Alhambra, CA91803
WWW. GEPROPERTY. COM
AERIAL
Raymond Ho Director of Investment
1411 S. Garfield Ave, Alhambra CA91801
Office(626) 458-9000
Cell(626) 297-1228
407 W. Valley Blvd., Suite 4, Alhambra, CA91803
WWW. GEPROPERTY. COM
NEARBY
Raymond Ho Director of Investment
1411 S. Garfield Ave, Alhambra CA91801
Office(626) 458-9000
Cell(626) 297-1228
407 W. Valley Blvd., Suite 4, Alhambra, CA91803
WWW. GEPROPERTY. COM
LEASE
Raymond Ho Director of Investment
OPTOMETRIST
• Gross lease
• Escalation: annual 2% increase
• Lease until 2023
• Options: Two 5 years
Pepper Lunch restaurant
• NNN lease
• Escalation: 12% every 5 years
• Next Increase: 2020
• Lease until 2025
• Options: Two 5 years
1411 S. Garfield Ave, Alhambra CA91801
Office(626) 458-9000
Cell(626) 297-1228
407 W. Valley Blvd., Suite 4, Alhambra, CA91803
WWW. GEPROPERTY. COM
Raymond Ho Director of Investment
FLOOR PLAN
1411 S. Garfield Ave, Alhambra CA91801
Office(626) 458-9000
Cell(626) 297-1228
407 W. Valley Blvd., Suite 4, Alhambra, CA91803
WWW. GEPROPERTY. COM
PLAT MAP
Raymond Ho Director of Investment
1411 S. Garfield Ave, Alhambra CA91801
Office(626) 458-9000
Cell(626) 297-1228
407 W. Valley Blvd., Suite 4, Alhambra, CA91803
WWW. GEPROPERTY. COM
MAP/TRAFFIC COUNT
Raymond Ho Director of Investment
1411 S. Garfield Ave, Alhambra CA91801
Office(626) 458-9000
Cell(626) 297-1228
407 W. Valley Blvd., Suite 4, Alhambra, CA91803
WWW. GEPROPERTY. COM
Demographics
Raymond Ho Director of Investment