For Sale
$1,495,000

1101 Valley Blvd Alhambra, CA 91803

High-yield T-Mobile storefront in Alhambra, CA

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a 2,022 square foot T-Mobile storefront located at 1101 W Valley Blvd, Alhambra, CA 91803. The property, built in 1984 and boasting a two-story structure on a 14,995 square foot lot, is currently operating under a Net Lease (NNN) agreement with a franchisee tenant. The asking price is $1,495,000, representing a compelling $739.37 per square foot and a 6.03% capitalization rate. The property generates a Net Operating Income (NOI) of $90,116, reflecting a 100% occupancy rate. The lease expires on October 31, 2024, offering a potential for lease extension with the established T-Mobile tenant. This prime retail space is situated on a signalized corner with high visibility at the northwest corner of Valley and Atlantic Boulevards, directly across from Chase Bank. Ample rear parking is available, and the location provides convenient access to freeways 10 and 710. The surrounding area offers a vibrant mix of restaurants, shopping, and public transportation options, enhancing the property's appeal and potential for continued success. This is a rare opportunity to acquire a strong-performing, net-leased retail property in a desirable Alhambra location.

Highlights

  • 2,022 SF T-Mobile storefront on a 14,995 SF lot in Alhambra, CA.
  • NNN lease with established tenant; asking price $1,495,000 ($739.37/SF).
  • 6.03% cap rate and $90,116 NOI; 100% occupancy.
  • Lease expires 10/31/2024 with extension potential.
  • High-visibility corner location with ample parking, near freeways 10 & 710.

Property Details for 1101 Valley Blvd

Property type
Retail properties, Retail space
Square Feet
2,022 SF
Year Built
1984
Stories
2

Location Insight

City
Alhambra
County
Los Angeles
State
California
Latitude
34.077978545884
Longitude
-118.13455344963

FAQs

What type of property is this?
Retail property - High-yield T-Mobile storefront in Alhambra, CA
Where is the retail property located?
The property is located at 1101 Valley Blvd Alhambra, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 2,022 SF T-Mobile storefront on a 14,995 SF lot in Alhambra, CA.; NNN lease with established tenant; asking price $1,495,000 ($739.37/SF).; 6.03% cap rate and $90,116 NOI; 100% occupancy.
How can I contact the broker?
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1101 Valley Blvd
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