Active
1013 W. Valley Blvd.
Alhambra CA, 91803
$4,500,000
$1,842.75 per sqft
Active
2,442 sqft
Commercial
Built in 1975
Listed by Justin Hugron with Ashwill Associates 714-456-0500
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.
PW24067112
MLSⓇ ID
April 1, 2024
Listed
April 5, 2024
Updated
Map
1013 W. Valley Blvd.
Alhambra CA, 91803
Interior Features
Total Stories
1
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.39 Acres
Lot Features
Corner Lot, Level, Near Public Transit, Paved, Rectangular Lot, Street Level
Other Property Details
Area Name
601 - Alhambra
Garage
No
Parking Total
20
View
No
County
Los Angeles
Water Source
Public
Pool
No
Zoning
SP-District 3 (SC)
Buyer Agency Compensation
2%
Listing Contact: 714-456-0500
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/5/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 4/5/2024 at 1:29 AM UTC