About This Restaurant
Investment Highlights
HARD SIGNALIZED CORNER UPSIDE RENT POTENTIAL HIGH VISIBILITY, WIDE STREET FRONTAGE FOR BOTH GARFIELD AVE AND MISSION RD
Executive Summary
Excellent opportunity for owner-occupied, investors! This Hard Signalized Corner property, situated at the intersection of two prominent streets in North Alhambra, boasts a spacious street frontage. With current tenants (Restaurant and Auto repair) on a month-to-month NN lease generating substantial income, there's potential for both development and investment. Please call Paxton for more info: 626.201.3464.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant
- Building Size 2,736
- Building Class C
- Year Built 1959
- Price 2,250,000
- Price Per SF 822
- Cap Rate 5
- NOI 112,500
- Percent Leased 100
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.19
- Land Acres 0.33 AC
Amenities
- Bus Line
Nearby Amenities & Transportation
| Retail | Ymca | ||
| Retail | Citi | ||
| Retail | Krispy Krunchy Chicken | ||
| Retail | LA Fitness | ||
| Retail | 99 Ranch Market | ||
| Retail | Smart & Final | ||
| Retail | Bank of Montreal | ||
| Retail | Flight | ||
| Retail | Starbucks | ||
| Retail | Wingstop |
Property Taxes
| Parcel Number | 5344-029-021 | Improvements Assessment | $127,227 |
| Land Assessment | $70,240 | Total Assessment | $197,467 |
| Date Created: | 2024-07-16 04:09:22 | Last Updated: | 2024-07-16 04:09:22 |
| Address: | 511 S Garfield Ave , Alhambra, California, 91801 | ||