$4,500,000

1013 W. Valley Blvd., Alhambra 91803

17,120

Lot Size

Listing Agent
Justin Hugron - Ashwill Associates

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.

Facts & Features

MLS® # PW24067112
Price $4,500,000
Bathrooms 0.00
Lot Size 17,120
Year Built 1975
Type Commercial Sale
Sub-Type Retail
Status Active
# Of Units 2

Community Information

Address 1013 W. Valley Blvd.
Area 601 - Alhambra
City Alhambra
County Los Angeles
Zip Code 91803

Amenities

Parking Spaces 20
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No
# of Stories 1

Exterior

Exterior Brick, Concrete
Lot Description Corner Lot, Level, Near Public Transit, Paved, Rectangular Lot, Street Level
Construction Brick, Concrete

Additional Information

Date Listed April 1st, 2024
Days on Market 25
Zoning SP-District 3 (SC)
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJustin Hugron
OfficeAshwill Associates

Listing Map

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