For Sale
$2,499,000
2990 Valley Blvd Alhambra, CA 91803
High-Yield Retail Property, 4.32% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- Stabilized, multi-tenant QSR property in Alhambra, CA.
- Two single-story buildings totaling 2,808 square feet on an 18,286 square foot lot.
- 100% occupancy since January 1, 1994, with two tenants under NN leases.
- $108,000 annual NOI, 4.32% cap rate, and $889.96 price per square foot ($2,499,000 asking price).
- 30 parking spaces.
- Fee simple offering, suitable for a 1031 exchange.
Property Details for 2990 Valley Blvd
- Property type
- Retail properties
- Square Feet
- 2,808 SF
- Year Built
- 1967
- Buildings
- 2
- Stories
- 1
- Units
- 2
Location Insight
- City
- Alhambra
- County
- Los Angeles
- State
- California
- Latitude
- 34.0762534
- Longitude
- -118.1578569
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield Retail Property, 4.32% Cap Rate
- Where is the retail property located?
- The property is located at 2990 Valley Blvd Alhambra, CA.
- What is the asking price?
- The asking price for this property is $2,499,000.
- What are key features of this property?
- This property features: Stabilized, multi-tenant QSR property in Alhambra, CA.; Two single-story buildings totaling 2,808 square feet on an 18,286 square foot lot.; 100% occupancy since January 1, 1994, with two tenants under NN leases.
- How can I contact the broker?
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