960 Alton Rd

INHOUSE COMMERCIAL has been engaged on an exclusive basis to arrange the sale of 930 & 960 Alton Road (the “Property”), which is comprised of two standalone buildings totaling 20,798 square feet of commercial space with above market parking including 50+ surface stalls. 930 Alton Road is a single-story, 4,856 square foot retail building currently leased to Reebok Crossfit, and 960 Alton Road is a two-story, 15,942 square foot office building that is occupied by existing owner-user tenant, Royal Media Partners. Both tenants occupy the buildings on a month-to-month basis, providing ultimate flexibility for a potential buyer.
Prominently situated at the corner of Alton Road & 10th Street directly across from Whole Foods, the Property benefits from an irreplaceable, highly visible location with unparalleled access to numerous retail amenities. Given the significant residential and commercial development underway along Alton Road, this location will only continue to improve as it transforms into a true live-work-play neighborhood.
Featuring a 31,310 square foot lot with over 200 feet of frontage on the heavily trafficked Alton Road, the site represents a rare value-add investment or development site opportunity. The Property provides the ability to renovate and re-lease the existing buildings at market rates, capitalizing on a high-barrier-to-entry submarket with strong demand for high-quality, well-located office space. As a redevelopment, the zoning allows for nearly 63,000 square feet of leasable area, providing the opportunity to create a brand new, luxury boutique Class A office building including ground floor retail and residential uses.