Ross Dress For Less | 201 E Main St
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Ross Dress For Less 201 E Main St
32,392 SF Retail Building Alhambra, CA 91801 £7,451,895 (£230/SF) 6% Net Initial Yield
Investment Highlights
- Located at the center of Downtown Alhambra (East Main St. and Garfield Ave.)
- Adjacent to Regal Edwards Alhambra Renaissance & IMAX Theatre at Garfield Ave
- Recent early extension of Fourth Option to Extend the Lease Term
- Traffic Count 29,995 Cars Per Day
- Legacy Tenant Ross Stores at the location for over two decades
- Low Cost Per Foot at $297
Executive Summary
Kidder Mathews is pleased to present an Exclusive Offering for a Single Tenant 100% Leased opportunity leased to Ross Dress For Less, Inc. This opportunity consists of a freestanding two-level building situated among other local, regional, and national tenants. The Property is located on East Main Street, just a few parcels east of Garfield Avenue, a major north and south corridor in the San Gabriel Valley.
The concentrated area known as the "Alhambra Mosaic" brings a mix of restaurants, retail shops, specialty boutiques, cafes, and entertainment venues, centrally situated around a one-mile radius from Main Street and Garfield Ave intersection.
Comprised of numerous restaurants and services, as well as the Alhambra Auto Row, the intersection of Main Street and Garfield Ave has been a center of commerce since 1895.
The concentrated area known as the "Alhambra Mosaic" brings a mix of restaurants, retail shops, specialty boutiques, cafes, and entertainment venues, centrally situated around a one-mile radius from Main Street and Garfield Ave intersection.
Comprised of numerous restaurants and services, as well as the Alhambra Auto Row, the intersection of Main Street and Garfield Ave has been a center of commerce since 1895.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
32,392 SF
Building Class
B
Year Built/Renovated
1949/2000
Price
£7,451,895
Price Per SF
£230
Net Initial Yield
6%
NOI
£447,114
Tenancy
Single
Number of Floors
2
Building FAR
2.01
Land Acres
0.37 AC
Zoning
CBD/DRD, Alhambra
Frontage
78 ft on E Main
Walk Score ®
Walker's Paradise (95)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 5337-026-024 | Improvements Assessment | £3,270,539 |
| Land Assessment | £3,423,976 | Total Assessment | £6,694,515 |
PROPERTY TAXES
Parcel Number
5337-026-024
Land Assessment
£3,423,976
Improvements Assessment
£3,270,539
Total Assessment
£6,694,515
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Darrell Levonian -
Kidder Mathews
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Ross Dress For Less | 201 E Main St
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