The City of Alhambra is located in the San Gabriel Valley and is a suburb of Los Angeles County with a population of 82,295. It is known as the “Gateway to the San Gabriel Valley”. Home to a diverse array of businesses, restaurants, neighborhoods, and residents. Known as one of the best places to live in California, many young professionals find comfort in Alhambra as it offers residents an urban suburban mix feel.
The property consists of two (2) free standing retail buildings (12,000 S.F. and 6,000 S.F.) with 1,000 square feet of vacant space in the 6,000 square foot building. The subject property benefits from over 300 linear feet of frontage along Main Street with 28,000+ Cars Per Day along Main Street.
The ownership type is structured as a Ground Lease of the 12,000 square foot structure currently occupied with a CVS Corporation Guaranty and a Fee Simple of the 6,000 square foot structure with 5,000 square feet occupied by American Continental Bank.