ALHAMBRA’S INDUSTRIAL DEALS NOW

  • $25,000,000

Description

MEDICAL OFFICE BUILDING – FULLY LEASED – ALHAMBRA CALIFORNIA – 1031-EXCHANGE?

Regent Plaza1411 S Garfield Ave Alhambra, CA 91801 26,926 SF 92% Leased 4-Star Office Building ($928.47/SF) 4.42% Cap Rate $25,000,000

REGENT PLAZA: THE ULTIMATE TROPHY ASSET IN LOS ANGELESMEDICAL OFFICE

Step into a world-class investment. This is Regent Plaza, a stunning mixed-use / medical office property at 1411 S Garfield Avenue in Alhambra. I’ve been watching this market closely, and this is a rare opportunity to acquire a gem in a submarket that is outperforming the rest of Los Angeles.

This isn’t just a building; it’s a financial powerhouse. Anchored by top-tier tenants like Quest Diagnostics and UCLA Health, this property provides immediate, reliable income. With 93% occupancy, you have a robust rent roll from day one. And with a few remaining vacancies, there’s a clear path to adding even more value.

What makes this property a true standout? The details. A bright, upscale lobby. Two high-speed elevators. Large windows that flood the suites with natural light. The ground-floor retail space, with its floor-to-ceiling glass storefronts, catches the attention of over 35,000 vehicles a day. We’ve got Happy Lemon and the California State Assembly here. That’s a powerful combination of consumer appeal and institutional stability.

Alhambra is a vibrant, thriving community. Office vacancies are a tight 6.7%, and retail is even tighter at 4.7%. Rents for both sectors have seen double-digit growth since 2020. With a population of over 257,000 within a three-mile radius and an average household income over $100,000, the demographics are a dream. The local workforce is educated and abundant, fueling the 11,700 businesses in the area.

This is your chance to own a piece of a truly lucrative market. Regent Plaza is the perfect acquisition for investors seeking stability, growth, and a foothold in a best-in-class location.

Ready to see why this is a trophy asset?

Business landscape of the San Gabriel Valley area: San Gabriel Valley Economic Partnership

Demographic and economic data for Alhambra: Alhambra Economic Dashboard

PROPERTY FACTS
Sale Type Investment
Property Type Office
Building Size 26,926 SF
Building Class B
LoopNet Rating 4 Star
Year Built 2015
Price $25,000,000
Price Per SF $928.47
Cap Rate 4.42%
NOI $1,104,624
Percent Leased 92%
Tenancy MultipleBuilding Height 3 Stories
Typical Floor Size 8,975 SF
Slab To Slab 11’
Building FAR 1.07
Lot Size 0.58 AC
Zoning ALCPD-CO*
Office Commercial
Parking 132 Spaces
(4.9 Spaces per 1,000 SF Leased)
Call Marie Capp, Broker at (760) 507-1222
  • Address: 1411 S Garfield Ave Alhambra, CA 91801
  • Zip/Postal Code: 91801

Contact Information

View Listings
Argossy International Properties

Enquire About This Property

Compare listings

Compare