Freestanding For Sale
20,000 Sq Ft
SELLER WILLING TO CARRY!!
Marcus & Millichap is pleased to present for sale of a +/- 20,000 square feet mixed used building situated on a 0.17-acre (7,438 square foot) parcel of land in the dense city of downtown Alhambra in Los Angeles County, California. The subject property is part of the prosperous San Gabriel Valley and is currently going through a major renovation with over two million dollars spent. By being located along Main Street, a busy arterial road that boasts a traffic count of over 33,000 cars per day, the subject property benefits from a highly desirable storefront visibility. In addition to great exposure, the subject property has excellent access to Interstate- 10 with traffic more than 202,000 vehicles per day.
The demographics surrounding the subject property are superb, with over 699,110 residents within a five-mile radius and an average household income of $79,780. The property is exposed to more than 33,000 vehicles every day along east Main Street and more than 30,000 along South Garfield Avenue, where it intersects with east Main Street. In addition, the subject property is across from a 141,368 square foot major retail development, "Alhambra Place", and right next to Edwards Renaissance IMAX theater and Applebee's. There are also many regional or national credit retailers within one block such as Ross Dress for Less, Panda Express, Bank of America, Bank of the West, Starbucks. The subject property is surrounded by residential units, restaurants, retail shops and bus stops.