103 N Garfield Ave - Storefront Retail/Office FOR SALE


Alhambra, CA 91801
$4,998,888 USD
626-841-1864
103 N Garfield Ave, Alhambra, CA for Sale
$4,998,888 USD
Storefront Retail/Office - FOR SALE
1/9
null | Request Cap Rate

103 N Garfield Ave
Alhambra, CA 91801


OVERVIEW

103 N Garfield Ave presents a rare opportunity to acquire a fully occupied medical and professional office building in the heart of Alhambra's Central Business District. The +/- 11,224 square-foot property benefits from excellent visibility, strong traffic counts, and a prime location within one of the San Gabriel Valley's most active commercial corridors. Surrounded by a vibrant mix of highly regarded restaurants and situated directly across from a major movie theater, the property enjoys consistent daytime and evening activity that supports strong tenant demand. Currently 100% occupied, the asset provides stable in-place income with significant upside through the repositioning of below-market rents and improved expense recoveries under its modified gross lease structure. With an in-place NOI of approximately $180,000 and projected NOI exceeding $275,000, the property offers a compelling value-add opportunity for investors seeking dependable cash flow and meaningful income growth in a highly desirable market.

FOR SALE DETAILS

PRICE

$4,998,888 USD

PRICE/SF

$445 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

Alhambra CBD

APN/PARCEL ID

5337-019-021

ASK ABOUT THIS PROPERTY

Mauricio OlaizLee & AssociatesMore Info
626-841-1864

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Mauricio OlaizLee & AssociatesMore Info
626-841-1864

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.