2120-2150 S Fremont Ave
Alhambra, CA 91803
Alhambra Shopping Strip (10 Freeway Location) · Retail Property For Sale

Rare Alhambra (San Gabriel Valley) Shopping Center - Excellent pro forma cap rate of 5.62% - Contact agent for more details - 84% occupied with synergistic mix of new & seasoned tenants | All tenants on NNN leases - 7-Eleven has operated at this location for 30+ years and recently spent over $250,000 on store renovations | 7-Eleven extended their lease early for an additional 5 years - Landlord has made many renovations to the property including the roof, paint, building façade, and more - Other credit tenants include Subway (44,830+ Locations), Papa Johns (4,700+ Locations), and Metro PCS (10,000+ Locations) Tough Barriers to Entry - Trophy Location Direct visibility and access to the 10 Freeway - Traffic counts exceeding 250,000 vehicles per day - Over 325 feet of street frontage on South Fremont Avenue - 80+ new residential properties under construction less than 0.5 miles away - Close proximity to California State University, Los Angeles (27,681+ Students) - Extremely low sales volatility in this market Excellent Demographics - Affluent area with average household income above $81,000 - Dense population of over 300,000 people within a 3-mile radius - The center serves much of the surrounding residential area, as well as commuters, with little competition in the immediate vicinity. - Alhambra and nearby cities have one of the greatest concentrations of Asian residents and businesses in California