across edwards from theaters...edwards theaters across from . 1411 s. garfield ave, alhambra ca91801...

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