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FOR SALE 19220 Colima Road | Rowland Heights, CA $5,320,000 Brand new renovated modern free standing office building on Colima Road. Only 4 offices left on the top floor. Sharing center with bank on the first floor. This property is well situated in Rowland Heights, near southeast corner of Colima rd. and Nogales street. Easy access to freeways 60, 57 and 10. Investment Highlights Sale Price NOI Cap Rate Price Per SF Total SF $5,320,000 $186,504.50 4% $235.23 7,810 Investment Summary 626.328.8333 [email protected] Sherry Ding
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19220 Colima Road | Rowland Heights, CA $5,320,000 · 2018-10-19 · FOR SALE 19220 Colima Road | Rowland Heights, CA $5,320,000 Brand new renovated modern free standing office building

Mar 23, 2020

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Page 1: 19220 Colima Road | Rowland Heights, CA $5,320,000 · 2018-10-19 · FOR SALE 19220 Colima Road | Rowland Heights, CA $5,320,000 Brand new renovated modern free standing office building

FOR SALE 19220 Colima Road | Rowland Heights, CA

$5,320,000

Brand new renovated modern free standing office building on Colima Road. Only 4 offices left on the top floor. Sharing center with bank on the first floor.

This property is well situated in Rowland Heights, near southeast corner of Colima rd. and Nogales street. Easy access to freeways 60, 57 and 10.

Investment HighlightsSale Price

NOI

Cap Rate

Price Per SF

Total SF

$5,320,000

$186,504.50

4%

$235.23

7,810

Investment Summary

626.328.8333 [email protected] Ding

Page 2: 19220 Colima Road | Rowland Heights, CA $5,320,000 · 2018-10-19 · FOR SALE 19220 Colima Road | Rowland Heights, CA $5,320,000 Brand new renovated modern free standing office building

FOR SALE | 19220 Colima Road | Rowland Heights, CA

$5,320,000

626.328.8333 [email protected] Ding

Page 3: 19220 Colima Road | Rowland Heights, CA $5,320,000 · 2018-10-19 · FOR SALE 19220 Colima Road | Rowland Heights, CA $5,320,000 Brand new renovated modern free standing office building

FOR SALE | 19220 Colima Road | Rowland Heights, CA

$5,320,000

626.328.8333 [email protected] Ding

Colima Road

S. Otterbein Ave

Page 4: 19220 Colima Road | Rowland Heights, CA $5,320,000 · 2018-10-19 · FOR SALE 19220 Colima Road | Rowland Heights, CA $5,320,000 Brand new renovated modern free standing office building

2023 Summary

Population

Households

Families

Average Household Size

Owner Occupied Housing Units

Renter Occupied Housing Units

Median Age

Median Household Income

Average Household Income

1 Mile

19,387

5,703

4,790

3.39

3,854

1,849

43.8

$73,352

$91,389

3 Miles

125,628

35,164

30,150

3.56

25,860

9,305

40.9

$88,613

$114,443

5 Miles

314,472

91,077

75,816

3.44

66,291

24,786

40.0

$93,664

$123,169

2018 Summary

Population

Households

Families

Average Household Size

Owner Occupied Housing Units

Renter Occupied Housing Units

Median Age

Median Household Income

Average Household Income

1 Mile

19,114

5,649

4,735

3.38

3,630

2,019

42.9

$61,557

$79,184

3 Miles

123,839

34,837

29,818

3.54

24,757

10,079

39.4

$78,008

$98,839

5 Miles

307,025

89,283

74,262

3.43

62,952

26,331

38.8

$81,511

$106,004

626.328.8333 [email protected] Ding

FOR SALE | 19220 Colima Road | Rowland Heights, CA

$5,320,000

1 Mile

3 Miles

5 Miles

Colima Road

Pomona Fwy

Nog

ales

St.

Fulle

rton

Rd

S. A

zusa

Ave

Page 5: 19220 Colima Road | Rowland Heights, CA $5,320,000 · 2018-10-19 · FOR SALE 19220 Colima Road | Rowland Heights, CA $5,320,000 Brand new renovated modern free standing office building

Rowland Heights is a relatively affluent unincorporated area and census designated place of 13.1 square miles, located in and below the Puente Hills in the San Gabriel Valley, in Los Angeles County, California and borders Orange County.

Rowland Heights is dependent upon representation from the County of Los Angeles (County Board of Supervisors). Rowland Heights is the largest census designated place in Los Angeles County by area and the county's fourth largest CDP by population. Rowland Heights sits in the 39th Congressional District, which is considered to be a Republican stronghold due to the large number of business owners and other high-net-worth individuals.

A number of corporations, particularly in the technology and import/export businesses, are located in neighboring City of Industry. Many business owners and employees, therefore, reside in Rowland Heights as well as Hacienda Heights, and Walnut due to the close vicinity.

626.328.8333 [email protected] Ding

FOR SALE | 19220 Colima Road | Rowland Heights, CA

$5,320,000