18253 Colima RdRowland Heights, CA 91748

This exceptional two-story, 16,188 square foot shopping center presents a compelling value-add investment opportunity in Rowland Heights, California. Boasting a strong 3.97% cap rate and a substantial net operating income (NOI) of $495,849, this Class B property offers significant upside potential. Built in 2008, the center sits on a 14,946 square foot lot and features a desirable multi-tenant occupancy, including Pacific Alliance Bank, Ajisen Ramen, a hookah shop, a drama school, and a trucking corporation. The property includes convenient underground parking, ample surface parking, and elevator access. Its prime corner location provides excellent visibility and accessibility, situated minutes from the 60 freeway. The asking price is $12,500,000, translating to $772.18 per square foot. The property is offered with a triple net (NNN) lease structure and features 16,000 net rentable square feet. Parcel numbers are 8270006037 & 8270006039. This is a rare opportunity to acquire a well-located, income-producing retail asset with significant growth potential.