A high-visibility, multi-tenant retail investment opportunity in Rowland Heights, CA. The 5,760 SF masonry building sits on a 0.40-acre lot with 103 feet of street frontage along Colima Road, offering excellent exposure. The property comprises five separately metered units currently occupied by a mix of established tenants including State Farm Insurance, Soo Hairline, Pasadena Art School, and Hammer Glass.
Recent improvements include a new roof and HVAC systems, minimizing near-term capital expenditures.
The property is CASP compliant with upgraded ADA-accessible sidewalks and ramps.
Each unit is individually metered for gas and electricity
Each unit is approximately 1,152 square feet.
With a gross operating income of $130,404 and a net operating income of $103,596, the property is offered at $1,801,670 — reflecting a 5.74% cap rate.
See Rent Roll in below attachments
Please contact agent to schedule a tour - do not disturb tenants.