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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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1013 W. Valley Blvd.,  Alhambra CA, 91803

(Active)
$4,500,000
|
2,442 sqft
|
MLS# PW24067112
Last Updated: 5/18/2024 1:44 AM
Description for 1013 W. Valley Blvd. Alhambra, CA 91803
Ashwill Associates is pleased to present, for sale, for the first time in nearly 40 years, two separate NNN leased fast food investments, located in Southern California within in Los Angeles County. These freestanding quick serve restaurants are located on the hard signalized corner of W. Valley Blvd. and S. Atlantic Blvd, in Alhambra, each with their own address and APN numbers. The properties offer tremendous 'value add' potential as both tenants are on the final lease options below market rents.These two NNN leased investments offer an attractive opportunity for investors seeking stable income, a prime location, and reputable name-brand national tenants. Both Popeyes and Pizza Hut have been operating out of their respected locations here for more than 30 years and are both on their final lease option. These true NNN leases and their options have rent escalations, and minimal landlord obligations, which will align with the goals of savvy real estate investors looking to build a solid and resilient portfolio in the QSR sector.Both properties have been recently renovated and are conveniently located in the thriving downtown district of Alhambra with high traffic counts, large daytime and full-time population, as well as easy ingress and egress.Don't miss the chance to secure these income-generating assets in a thriving market. For detailed financial information, property specifics, and a comprehensive investment analysis, please contact us for further due diligence.
Price
$4,500,000
Los Angeles
2,442 (approx)
PW24067112
Active
Description
Ashwill Associates is pleased to present, for sale, for the first time in nearly 40 years, two separate NNN leased fast food investments, located in Southern California within in Los Angeles County. These freestanding quick serve restaurants are located on the hard signalized corner of W. Valley Blvd. and S. Atlantic Blvd, in Alhambra, each with their own address and APN numbers. The properties offer tremendous 'value add' potential as both tenants are on the final lease options below market rents.These two NNN leased investments offer an attractive opportunity for investors seeking stable income, a prime location, and reputable name-brand national tenants. Both Popeyes and Pizza Hut have been operating out of their respected locations here for more than 30 years and are both on their final lease option. These true NNN leases and their options have rent escalations, and minimal landlord obligations, which will align with the goals of savvy real estate investors looking to build a solid and resilient portfolio in the QSR sector.Both properties have been recently renovated and are conveniently located in the thriving downtown district of Alhambra with high traffic counts, large daytime and full-time population, as well as easy ingress and egress.Don't miss the chance to secure these income-generating assets in a thriving market. For detailed financial information, property specifics, and a comprehensive investment analysis, please contact us for further due diligence.
Listing Information
Property Type: Retail, Business Opportunities, 1 Story
0.39 Acres 2,442 (approx) 1975
1 Brick
Public
2 Total
Neighborhood
Room Information
None
Exterior / Lot Features
20 Parking Spaces, 0 Covered Parking Spaces,
Brick
17120
SP-District 3 (SC)
Corner Lot,Level,Near Public Transit,Paved,Rectangular Lot,Street Level
Driving Directions
On the corner of W. Valley Blvd. and S. Atlantic Blvd.
Financial Considerations
5350016038
Listing Price History

Alhambra Real Estate

Alhambra is located in California. Alhambra, California 91803 has a population of 85,215.

The median household income in Alhambra, California 91803 is $68,531. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Alhambra 91803 is 38 years.

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Listing Agent: Justin Hugron CalDRE: 02069980 - Ashwill Associates
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/18/2024 1:44 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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