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19228-19236 Colima Rd 5,760 SF 100% Leased Retail Building Rowland Heights, CA 91748 $1,801,670 ($312.79/SF) 5.74% Cap Rate
Investment Highlights
- High Traffic visibility
- In place operating Income
- Established Tenant Base
Executive Summary
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.
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.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$130,404
|
$22.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$130,404
|
$22.64
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$26,808
|
$4.65
|
| Net Operating Income |
$103,596
|
$17.99
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $130,404 |
| Annual Per SF | $22.64 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $130,404 |
| Annual Per SF | $22.64 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $26,808 |
| Annual Per SF | $4.65 |
| Net Operating Income | |
|---|---|
| Annual | $103,596 |
| Annual Per SF | $17.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
5,760 SF
Building Class
B
Year Built
1976
Price
$1,801,670
Price Per SF
$312.79
Cap Rate
5.74%
NOI
$103,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.40 AC
Zoning
LCC1-R320U
Parking
17 Spaces (2.95 Spaces per 1,000 SF Leased)
Frontage
103’ on Colima Rd
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Cali Toner Printer & Copier
- Services
- -
- -
- -
- Leaders Academy
- Educational Services
- -
- -
- -
- Lili Yu Insurance Agency Inc
- Finance and Insurance
- -
- -
- -
- Magic Dragon Art Gallery
- Retailer
- -
- -
- -
-
- Finance and Insurance
- -
- -
- -
State Farm began in 1922 when G.J. Mecherle founded the business in central Illinois as an auto insurance company built around fairness for farmers and other drivers. The company has since grown into a mutual insurer that offers auto, home, renters, life, health, and business coverage, along with financial services and claims support. State Farm’s public materials describe a long-running focus on helping customers manage everyday risks, recover from unexpected events, and plan for the future. Recent company reporting also shows a broad market presence across insurance and related services, with a wide network of agent offices serving millions of policies and accounts.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Cali Toner Printer & Copier | Services | - | - | - | ||
| Leaders Academy | Educational Services | - | - | - | ||
| Lili Yu Insurance Agency Inc | Finance and Insurance | - | - | - | ||
| Magic Dragon Art Gallery | Retailer | - | - | - | ||
|
|
Finance and Insurance | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8276-006-047 | Improvements Assessment | $285,398 |
| Land Assessment | $108,138 | Total Assessment | $393,536 |
Property Taxes
Parcel Number
8276-006-047
Land Assessment
$108,138
Improvements Assessment
$285,398
Total Assessment
$393,536
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Maktub Properties
19228-19236 Colima Rd
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