Alhambra Regency Plaza (Retail)

For Sale

500-590 W Main St, Alhambra, CA 91801

This Alhambra property for sale is located at 500-590 W Main St. Contact the listing broker for details on the current sale price for Alhambra Regency Plaza (Retail). Alhambra Regency Plaza (Retail) is situated on a lot that is 2.11 acre in size.

Contacts

broker

Michelle Lin

Michelle Lin

CCIM

Property Details

  • Property Type Retail - Neighborhood Center
  • Property Size 20,620 SF
  • Lot Size 2.11 Acre
  • Cap Rate % 5.3
  • NOI / YR 714970
  • Zoning ALCPD
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 120
  • Parking Ratio 5.82 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 2004
  • Date Updated Mar 1, 2024
  • Visibility/Traffic Count (VPD) 26,000

This investment opportunity is for the fee simple interest in Alhambra Regency Plaza, a 20,620-square-foot RETAIL CENTER in a mixed-use development set on 2.11 acre lot with 4-story condo units above, nestled in the heart of Downtown Alhambra District. Built in 2004, the property has been held by the same ownership since its original development, which gives a testimony to its trophy location and longevity.

Alhambra Regency Plaza is anchored by Lunasia Dim Sum House and Cathay Bank that combine to create an excellent tenant synergy and a dynamic cross-shopping experience. Boasting a 100% occupancy with no deferred maintenance, this rare opportunity is truly an investor's low risk, high-reward dream!

Investment Highlights


**Dominant Commercial Corridor: Irreplaceable corner building in Prime Downtown Alhambra on Main Street, a major thoroughfare of the top-notch Asian hub of West San Gabriel Valley known for trendy restaurants, retail, and entertainment lining

**Over 20,000-Square-Foot Multi-Tenant Retail Plaza: A pioneer Mixed-Use Project proudly built in 2004 with retail and restaurant build-out, dedicated commercial parking structure, and elegant landscape

**Stable and Secure Investment with Strong Historical Occupancy: 100% occupancy. Majority of tenants have been at the property for more than 16 years

**Synergistic Mix of Retail and Service Tenants: Favorable triple-net leases with balanced mix of Internet-resistant tenants including food and service-based retailers

**Tenants include national and regional favorites such as Cathay Bank, Lunasia Dimsum House, and the UPS Store

**On-Site Parking Structures with a parking ratio of 5.83 spaces per 1,000
square feet of building area

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Highlights

  • Excellent Visibility and High Exposure Location on the most heavily trafficked East/West arterial in the West San Gabriel Valley Area
  • Easy Access to Major Freeways: I-10, SR-710, SR-60, I-210, and I-110
  • Located in an established commercial corridor that boasts well-known brands such as 99 Ranch Market, Sprouts Farmers Market, 85°C Bakery, Jollibee, Regal Edwards, Burlington, Sephora, and more

Attachments

Getting around

  • 97/100

    Walk Score ®

  • 50/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Alhambra, CA
  • Neighborhood Alhambra
  • Zip Code 91801
  • Market Los Angeles

Points of Interest

  • South Pasadena

    2.24 miles

  • Fillmore

    2.91 miles

  • Cal State LA

    3.27 miles

  • Del Mar

    3.45 miles

  • Memorial Park

    3.86 miles

  • Highland Park

    3.91 miles

  • Lake

    3.92 miles

  • Allen

    4.03 miles

  • Sierra Madre Villa

    4.51 miles

  • Atlantic

    4.56 miles

  • United Oil

    0.44 miles

  • 76

    0.70 miles

  • Shell

    1.20 miles

  • Costco Gasoline

    1.34 miles

  • Mobil

    1.45 miles

  • Arco

    1.80 miles

  • Tesla Supercharger

    6.17 miles

  • eVgo

    8.91 miles

  • Mission District Park-and-Ride

    1.01 miles

  • San Gabriel Mission High School Parking

    1.14 miles

  • Hospital Employee Parking

    1.23 miles

  • Park-n-Ride

    2.00 miles

  • West Lot

    2.52 miles

  • Garland Parking Lot

    2.57 miles

  • Tournament Park parking lot

    2.58 miles

  • Student Pick-up and Drop-off

    2.61 miles

  • Visitor Parking

    2.66 miles

  • Road to Seoul BBQ

    0.01 miles

  • Pepper Lunch

    0.03 miles

  • Grill 'Em All

    0.03 miles

  • Applebee's

    0.03 miles

  • All That Shabu

    0.03 miles

  • Cuban Bistro

    0.04 miles

  • Panda Express

    0.04 miles

  • Thai Purple

    0.04 miles

  • Borneo Kalimantan

    0.05 miles

  • Baja Ca

    0.05 miles

  • Burlington

    0.09 miles

  • Sprouts Farmers Market

    0.11 miles

  • Smart & Final Extra!

    0.51 miles

  • Ralphs

    0.82 miles

  • ALDI

    1.08 miles

  • Target

    1.20 miles

  • Mitsuwa Marketplace

    1.27 miles

  • Asia Supermarket

    1.27 miles

  • Strip Mall

    1.31 miles

  • Big Lots

    1.33 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Michelle Lin

Michelle Lin

CCIM