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

For Sale

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

This Alhambra property for sale is located at 330 South Garfield Avenue, Suite 108. The general use of For Sale: STNL Avis | New 5-Year Lease w/ Annual Rent Bumps | 7% Cap. @ $871,000 is office and it incorporates 1,467 square feet of class B office space. The current listed sale price for For Sale: STNL Avis | New 5-Year Lease w/ Annual Rent Bumps | 7% Cap. @ $871,000 is $871,000. For Sale: STNL Avis | New 5-Year Lease w/ Annual Rent Bumps | 7% Cap. @ $871,000 is situated on a lot that is 1.32 acre in size.

Contacts

broker
Catherine House, CRE, CCIM, FRICS

SVN | Capital West Partners

Property Details

  • 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

Getting around

  • 84/100

    Walk Score ®

  • 51/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Burlington

    0.27 miles

  • Sprouts Farmers Market

    0.27 miles

  • Smart & Final Extra!

    0.59 miles

  • Big Lots

    1.02 miles

  • Valley Supermarket 光華超市

    1.08 miles

  • Asia Supermarket

    1.10 miles

  • Cali Mart

    1.11 miles

  • 168 Market

    1.12 miles

  • Ralphs

    1.13 miles

  • Strip Mall

    1.14 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
Catherine House, CRE, CCIM, FRICS

SVN | Capital West Partners