19228-19236 Colima Rd - Retail FOR SALE


Rowland Heights, CA 91748- Rowland
$1,801,670 USD
310-776-5287
19228-19236 Colima Rd, Rowland Heights, CA for Sale
$1,801,670 USD
Retail - FOR SALE
1/6
null | 5.74% Cap Rate

19228-19236 Colima Rd
Rowland Heights, CA 91748
Rowland


HIGHLIGHTS

  • High Traffic visibility
  • Established Tenant Base
  • In place operating Income

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,801,670 USD

PRICE/SF

$333 USD /SF

CAP RATE

5.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,211 SF

ZONING

LCC1-R320U

APN/PARCEL ID

8276-006-047

ASK ABOUT THIS PROPERTY

Matthew CalvetMaktub PropertiesMore Info
310-776-5287

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Matthew CalvetMaktub PropertiesMore Info
310-776-5287

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.