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808-816 E Main St 18,000 sq ft 94% Let Retail Property Alhambra, CA 91801 £6,807,073 (£378.17/sq ft) 5.77% Net Initial Yield

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INVESTMENT HIGHLIGHTS

Currently occupied by CVS and American Continental Bank
Over 300 linear feet of frontage along Main Street
28,000+ Cars Per Day along Main Street

The City of Alhambra is a suburb of Los Angeles County with a population of 82,295
The subject property spans 1.81 Net Acres with a combined 18,000 square feet of improvements
49-unit residential complex under development across the street at 801 E. Main Street

EXECUTIVE SUMMARY

The City of Alhambra is located in the San Gabriel Valley and is a suburb of Los Angeles County with a population of 82,295. It is known as the “Gateway to the San Gabriel Valley”. Home to a diverse array of businesses, restaurants, neighborhoods, and residents. Known as one of the best places to live in California, many young professionals find comfort in Alhambra as it offers residents an urban suburban mix feel.
The property consists of two (2) free standing retail buildings (12,000 S.F. and 6,000 S.F.) with 1,000 square feet of vacant space in the 6,000 square foot building. The subject property benefits from over 300 linear feet of frontage along Main Street with 28,000+ Cars Per Day along Main Street.
The ownership type is structured as a Ground Lease of the 12,000 square foot structure currently occupied with a CVS Corporation Guaranty and a Fee Simple of the 6,000 square foot structure with 5,000 square feet occupied by American Continental Bank.

Alhambra CVS OM

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Size

18,000 sq ft

Costar Property Class

Year Built

2003

Price

£6,807,073

Price per sq ft

£378.17

Yield

5.77%

NOI

£392,641

Occupancy Rate

94%

Number of Floors

Plot ratio

0.23

Total Plot Size

1.81 ac

Use Class

GC - General Commercial ; EMC, East Main Commercial

Parking

101 Spaces (5.61 Spaces per 1,000 sq ft Leased)

Frontage

300 ft on East Main Street

Banking
Corner Lot

Pylon Sign
Signage

Drive Thru

Monument Signage

MAJOR TENANTS

American Continental Bank
Retailer
5,000 sq ft
-
Sep 2026

Retailer
12,000 sq ft
-
-

CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.