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FOR SALE 2 - 6 W. MAIN STREET ALHAMBRA, CA 91801 EDWARDS THEATERS ACROSS FROM

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Page 1: ACROSS EDWARDS FROM THEATERS...Raymond Ho Director of Investment 2 – 6 W MAIN STREET, ALHAMBRA PRICE: $2,990,000 SIZE: 6,200 SQFT* NOI: $105,000 CAP RATE: 3.5% *size includes 1,800

FOR SALE 2 - 6 W. MAIN STREET

ALHAMBRA, CA 91801

EDWARDS

THEATERS

ACROSS

FROM

Page 2: ACROSS EDWARDS FROM THEATERS...Raymond Ho Director of Investment 2 – 6 W MAIN STREET, ALHAMBRA PRICE: $2,990,000 SIZE: 6,200 SQFT* NOI: $105,000 CAP RATE: 3.5% *size includes 1,800

1411 S. Garfield Ave, Alhambra CA91801

Office(626) 458-9000

Cell(626) 297-1228

407 W. Valley Blvd., Suite 4, Alhambra, CA91803

WWW. GEPROPERTY. COM

PHOTOS

Raymond Ho Director of Investment

Page 3: ACROSS EDWARDS FROM THEATERS...Raymond Ho Director of Investment 2 – 6 W MAIN STREET, ALHAMBRA PRICE: $2,990,000 SIZE: 6,200 SQFT* NOI: $105,000 CAP RATE: 3.5% *size includes 1,800

1411 S. Garfield Ave, Alhambra CA91801

Office(626) 458-9000

Cell(626) 297-1228

407 W. Valley Blvd., Suite 4, Alhambra, CA91803

WWW. GEPROPERTY. COM

OFFERING

Raymond Ho Director of Investment

2 – 6 W MAIN STREET, ALHAMBRA PRICE: $2,990,000

SIZE: 6,200 SQFT*

NOI: $105,000

CAP RATE: 3.5% *size includes 1,800 SQFT Basement & Mezzanine per owner

• Downtown Alhambra

• Major Intersection of Main St and

Garfield Ave

• Across from Edwards Renaissance

14 & IMAX Theaters

• Surrounded by Four Public Parking

Structures

• High School and City Hall Nearby

• New Roof in 2017

• New Restaurant Build Out in 2018

• Optometry side has Basement &

Mezzanine

Page 4: ACROSS EDWARDS FROM THEATERS...Raymond Ho Director of Investment 2 – 6 W MAIN STREET, ALHAMBRA PRICE: $2,990,000 SIZE: 6,200 SQFT* NOI: $105,000 CAP RATE: 3.5% *size includes 1,800

1411 S. Garfield Ave, Alhambra CA91801

Office(626) 458-9000

Cell(626) 297-1228

407 W. Valley Blvd., Suite 4, Alhambra, CA91803

WWW. GEPROPERTY. COM

AERIAL

Raymond Ho Director of Investment

Page 5: ACROSS EDWARDS FROM THEATERS...Raymond Ho Director of Investment 2 – 6 W MAIN STREET, ALHAMBRA PRICE: $2,990,000 SIZE: 6,200 SQFT* NOI: $105,000 CAP RATE: 3.5% *size includes 1,800

1411 S. Garfield Ave, Alhambra CA91801

Office(626) 458-9000

Cell(626) 297-1228

407 W. Valley Blvd., Suite 4, Alhambra, CA91803

WWW. GEPROPERTY. COM

NEARBY

Raymond Ho Director of Investment

Page 6: ACROSS EDWARDS FROM THEATERS...Raymond Ho Director of Investment 2 – 6 W MAIN STREET, ALHAMBRA PRICE: $2,990,000 SIZE: 6,200 SQFT* NOI: $105,000 CAP RATE: 3.5% *size includes 1,800

1411 S. Garfield Ave, Alhambra CA91801

Office(626) 458-9000

Cell(626) 297-1228

407 W. Valley Blvd., Suite 4, Alhambra, CA91803

WWW. GEPROPERTY. COM

LEASE

Raymond Ho Director of Investment

OPTOMETRIST

• Gross lease

• Escalation: annual 2% increase

• Lease until 2023

• Options: Two 5 years

Pepper Lunch restaurant

• NNN lease

• Escalation: 12% every 5 years

• Next Increase: 2020

• Lease until 2025

• Options: Two 5 years

Page 7: ACROSS EDWARDS FROM THEATERS...Raymond Ho Director of Investment 2 – 6 W MAIN STREET, ALHAMBRA PRICE: $2,990,000 SIZE: 6,200 SQFT* NOI: $105,000 CAP RATE: 3.5% *size includes 1,800

1411 S. Garfield Ave, Alhambra CA91801

Office(626) 458-9000

Cell(626) 297-1228

407 W. Valley Blvd., Suite 4, Alhambra, CA91803

WWW. GEPROPERTY. COM

PLAT MAP

Raymond Ho Director of Investment

Page 8: ACROSS EDWARDS FROM THEATERS...Raymond Ho Director of Investment 2 – 6 W MAIN STREET, ALHAMBRA PRICE: $2,990,000 SIZE: 6,200 SQFT* NOI: $105,000 CAP RATE: 3.5% *size includes 1,800

1411 S. Garfield Ave, Alhambra CA91801

Office(626) 458-9000

Cell(626) 297-1228

407 W. Valley Blvd., Suite 4, Alhambra, CA91803

WWW. GEPROPERTY. COM

MAP/TRAFFIC COUNT

Raymond Ho Director of Investment

Page 9: ACROSS EDWARDS FROM THEATERS...Raymond Ho Director of Investment 2 – 6 W MAIN STREET, ALHAMBRA PRICE: $2,990,000 SIZE: 6,200 SQFT* NOI: $105,000 CAP RATE: 3.5% *size includes 1,800

1411 S. Garfield Ave, Alhambra CA91801

Office(626) 458-9000

Cell(626) 297-1228

407 W. Valley Blvd., Suite 4, Alhambra, CA91803

WWW. GEPROPERTY. COM

Demographics

Raymond Ho Director of Investment


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2519 MADISON AVE › d2...2019 MED HOUSEHOLD INCOME $62,790 $40,621 $39,890 $3,250,000. $2,990,000. Connor Sweeney Office: 913-945-3730 Mobile: 816-217-7352 Email: [email protected]

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