For Sale: STNL Avis | New 5-Year Lease w/ Annual Rent Bumps | 7% Cap. @ $871,000

330 South Garfield Avenue, Suite 108, Alhambra, CA 91801

  • For Sale $871,000
  • Property Type Office - Medical Office
  • Property Size 1,467 SF
  • Units 1
  • Lot Size 1.32 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1988
  • Date Updated Dec 10, 2024
Situated in the bustling city of Alhambra, this prime location offers investors in the Office / Medical sector a chance to invest in themselves. The area is renowned for its diverse dining options, from authentic Asian cuisine to trendy cafes, catering to a range of culinary preferences. Nearby, the Alhambra Place Shopping Center provides a dynamic retail environment, while the historic Garfield Theatre offers a unique entertainment experience. Located within close proximity to major freeways and public transportation, and hospitals, the area provides convenient access for employees and clients alike. This vibrant neighborhood is an ideal setting for an office/medical office condo investment opportunity. Invest in yourself!SVN is pleased to offer the opportunity for investors to acquire a stable, NNN, single-tenant investment leased to Avis Rent-A-Car. Priced at $871,000, equating to a 7% cap. rate on in-place income. AVIS Budget Group (NASDAQ: CAR) is a Publicly Traded Corporation with a market capitalization of $3.2 Billion and over 600,000 vehicles in their fleet. The 5-Year NNN lease with annual CPI increases renews on January 1st, 2025. Aggressively priced to sell in today’s market at competitive pricing. This is an attractive opportunity in the West San Gabriel Valley market. It is located within The Garfield Center, a multi-tenanted, medical office condominium building in Alhambra, CA.
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Highlights

  • Tenant has been in occupancy in this location since 1992, over 32 years
  • 15 exclusive use allocated parking spaces
  • Building undergoing refurbishment in 2024 & 2025
  • Abundant secured parking - 256 surface and subterranean parking on 3 levels
  • Located in Downtown Alhambra, blocks away from Main Street restaurant and retail amenities
  • Strategic investment opportunity

Contacts

broker
Catherine House, CRE, CCIM, FRICS

SVN | Capital West Partners

Location

Getting Around

  • Walk Score ®

    84/100 Very Walkable

  • Bike Score ®

    51/100 Bikeable
Powered by Walk Score ®
  • City Alhambra, CA
  • Neighborhood Alhambra
  • Zip Code 91801
  • Market Los Angeles

Points of Interest

  • Indiana

    5.56 miles

  • Montebello/Commerce

    5.85 miles

  • Soto Station

    5.94 miles

  • Mariachi Plaza Metro Station Entrance

    6.25 miles

  • Chinatown Station

    6.68 miles

  • Chinatown

    6.69 miles

  • Los Angeles Union Station

    6.78 miles

  • Union Station

    6.81 miles

  • Civic Center/Grand Park

    7.37 miles

  • Civic Center/Grand Park Station

    7.40 miles

  • 76

    0.40 miles

  • United Oil

    0.75 miles

  • Shell

    0.92 miles

  • Costco Gasoline

    1.44 miles

  • Arco

    1.53 miles

  • Mobil

    1.65 miles

  • Tesla Supercharger

    5.95 miles

  • eVgo

    8.70 miles

  • Mission District Park-and-Ride

    0.97 miles

  • San Gabriel Mission High School Parking

    1.07 miles

  • Hospital Employee Parking

    1.17 miles

  • Park-n-Ride

    1.70 miles

  • West Lot

    2.72 miles

  • Student Pick-up and Drop-off

    2.73 miles

  • Visitor Parking

    2.77 miles

  • Garland Parking Lot

    2.84 miles

  • Tournament Park parking lot

    2.84 miles

  • Parking Lot 5

    2.86 miles

  • Days Inn

    0.36 miles

  • Hilton Los Angeles/San Gabriel

    1.48 miles

  • The Alhambra Hotel

    1.48 miles

  • Courtyard Los Angeles Monterey Park

    1.68 miles

  • The Langham Huntington

    2.06 miles

  • Lincoln Plaza Hotel

    2.07 miles

  • Travelodge Rosemead

    2.09 miles

  • Garvey Inn

    2.22 miles

  • Budget Inn Motel

    2.29 miles

  • Super 8

    2.35 miles

  • Big Catch Seafood House

    0.26 miles

  • Borneo Kalimantan

    0.26 miles

  • All That Shabu

    0.28 miles

  • Cuban Bistro

    0.28 miles

  • Wingstop

    0.28 miles

  • Blaze Pizza

    0.29 miles

  • The Habit Burger Grill

    0.29 miles

  • Pepper Lunch

    0.29 miles

  • Kyoto Gyukatsu

    0.29 miles

  • Gen Korean BBQ

    0.30 miles

  • Alhambra High School

    0.27 miles

  • Independence High School

    0.37 miles

  • Emmaus Lutheran School

    0.60 miles

  • Baldwin Elementary School

    0.66 miles

  • Granada Elementary School

    0.67 miles

  • William Northrup Elementary School

    0.77 miles

  • Garfield Elementary School

    0.79 miles

  • San Gabriel High School

    0.87 miles

  • Saint Therese Catholic School

    0.92 miles

  • All Souls Catholic School

    0.94 miles

  • Top Kids Pre-School

    2.39 miles

  • Artemisia Nursery

    3.19 miles

  • Centro de Ninos

    4.11 miles

  • Kiddy TyMe

    4.37 miles

  • Gates Early Education Center

    4.82 miles

  • Sunrise Preschool

    5.57 miles

  • San Antonio de Padua Academy Preschool

    6.10 miles

  • Neighborhood Nursery School

    8.07 miles

  • MAOF Downey Center

    8.57 miles

  • Codela Pre-School

    8.60 miles

Frequently Asked Questions

How much does For Sale: STNL Avis | New 5-Year Lease w/ Annual Rent Bumps | 7% Cap. @ $871,000 cost?

The space currently listed for sale at For Sale: STNL Avis | New 5-Year Lease w/ Annual Rent Bumps | 7% Cap. @ $871,000 asks for $871,000.

What is the total square footage of For Sale: STNL Avis | New 5-Year Lease w/ Annual Rent Bumps | 7% Cap. @ $871,000?

For Sale: STNL Avis | New 5-Year Lease w/ Annual Rent Bumps | 7% Cap. @ $871,000 totals 1,467 square feet.

When was this property built?

For Sale: STNL Avis | New 5-Year Lease w/ Annual Rent Bumps | 7% Cap. @ $871,000 was built in 1988.

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Contact Listing Broker
broker
Catherine House, CRE, CCIM, FRICS

SVN | Capital West Partners