Shopping Centers in Alhambra, California, offer a unique investment opportunity for those looking to capitalize on the city's diverse economy and growing population of approximately 80,000 residents. As a hub for automotive and retail businesses, Alhambra's shopping centers play a vital role in the local economy, providing a range of amenities and services to the community. With a mix of established and new businesses, shopping centers in Alhambra represent a stable investment option, with opportunities for long-term growth and development. The city's convenient location, with easy access to major freeways and public transportation, makes it an attractive destination for shoppers and businesses alike. Additionally, Alhambra's rich cultural heritage and historic architecture add to the city's charm, making it a desirable place to live, work, and visit. The city is also home to several major corporations, including The Hat and Shakey's Pizza, which have their headquarters located in Alhambra.
With 1 shopping centers currently available for sale in Alhambra, investors have a range of options to choose from, each with its own unique characteristics and advantages. The average price per square foot for shopping centers in Alhambra is $619 USD, with an average size of 24,541 square feet. The largest shopping center available for sale in Alhambra is 35,022 square feet, offering ample space for a variety of businesses and amenities. In addition to shopping centers, Alhambra also offers a range of other investment opportunities, including restaurants, specialty properties, land, and office properties. For example, the city's Valley Boulevard corridor is home to a prominent Chinese business district, with a range of restaurants, shops, and services. Meanwhile, the Main St. auto row near Atlantic Boulevard is a hub for car dealerships, with a variety of brands represented. The city's office properties, such as those located in the downtown area, offer a range of amenities and services, including proximity to public transportation and major freeways. Overall, Alhambra's diverse economy and range of investment opportunities make it an attractive destination for businesses and investors alike.
What is the average cap rate for shopping centers in Alhambra?
As of now, there are 1 shopping centers for sale in Alhambra, with an average cap rate of 4.82%, making them an attractive investment opportunity for those looking to capitalize on the city's diverse business district and strong automotive industry.
