GSA Social Security Office 535-611 W Main St

Investment Highlights

GSA Social Security Office. Strategic Location in Downtown Alhambra. Across from LA County Housing Development Authority. Renovation in 2011 and 2023. Near the major intersection of Main St and Atlantic Blvd.

Executive Summary

Federal government guaranteed GSA Social Security office who just signed a new 20 year lease. Benefiting from major renovations in 2011 and 2023, the building presents a modern facade, blending contemporary aesthetics with functional design. Securing a 15+5-year lease with the Social Security Federal Government with stable income. Strategic Intersection: Located near the significant crossroads of Main St and Atlantic Blvd in downtown Alhambra. With a number of government(city hall, LA County Housing), schools, entertainment/shopping centers and high density residential nearby. West of this property is Alhambra Auto row with dealerships like BMW, Tesla, Honda, Toyota etc... Mixed-Use Surroundings: Flanked by mixed-use residential and commercial developments, this locale promises a vibrant and bustling business environment.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Storefront Retail/Office Storefront Retail/Office General Retail Restaurant General Retail Storefront Office Office Live Work Unit Storefront Retail/Office
• Building Size    15,635
• Building Class    C
• Year Built/Renovated    1939/2023
• Price    9,800,000
• Price Per SF    627
• Cap Rate    5.50
• NOI    539,000
• Percent Leased    81
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.61
• Land Acres    0.59 AC

• Dedicated Turn Lane
• Signage
• Signalized Intersection