Alhambra Regency Plaza 500, 560 & 590 W Main St

500 560 & 590 W Main St , Alhambra, California, 91801 | 20,620 sq.f | $ 13,500,000

Card image
Card image
Card image

About This Restaurant

Investment Highlights

Corner building in Prime Downtown Alhambra on Main Street, a major thoroughfare of the top-notch Asian hub of West San Gabriel Valley Stable and secure investment with strong historical occupancy Excellent visibility and high exposure on hard-corner signalized intersection A pioneer mixed-use project with restaurant and retail buildouts, dedicated parking, and an elegant landscape Synergistic mix of retail and service tenants Easy access to major freeways

Executive Summary

This investment opportunity is for the fee simple interest in Alhambra Regency Plaza, a 20,620 square-foot retail center in a mixed-use development set on a 2.11 acre lot with four stories of condo units above, nestled in the heart of the downtown Alhambra district. Built in 2004, the property has been held by the same ownership since its original development, which gives a testimony to its trophy location and longevity.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Office Storefront Retail/Office General Retail Restaurant General Retail Storefront Storefront Retail/Office
  • Building Size    20,620
  • Building Class    C
  • Year Built    2004
  • Price    13,500,000
  • Price Per SF    655
  • Cap Rate    5.30
  • NOI    714,970
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.22
  • Land Acres    2.11 AC

Amenities

  • Banking
  • Bus Line
  • Corner Lot
  • Courtyard
  • Restaurant
  • Signalized Intersection
  • Storage Space
  • Air Conditioning
  • Balcony

Nearby Amenities & Transportation

Retail HSBC
Retail Denny's
Retail Chase Bank
Retail Citi
Retail Starbucks
Retail Bank of Montreal
Retail Flight
Retail The Habit Burger Grill
Retail Wingstop
Retail Applebee's

Property Taxes

Parcel Number 5344-011-045 5344-011-043 Improvements Assessment $3,538,373
Land Assessment $3,535,694 Total Assessment $7,074,067
Date Created: 2024-07-16 04:09:21 Last Updated: 2024-07-16 04:09:21
Address: 500 560 & 590 W Main St , Alhambra, California, 91801