Hing Wa Lee Plaza II 19811 Colima Rd 31,794 SF 85% Leased Office Building Walnut, CA 91789 $10,400,000 ($327.11/SF) 5.70% Cap Rate

CBRE Investment Properties has been retained by Ownership as the exclusive marketing adviser for Hing Wa Lee Plaza II located at 19811 Colima Rd in the highly desired City of Walnut, Los Angeles County, CA (“the Property”). Anchored by Bank of Hope and Boiling Point Restaurant, Hing Wa Lee Plaza II is a landmark, 85% occupied, ±31,794 SF property with a complementary mix of retail, educational and professional tenants servicing the needs of the surrounding community.
Hing Wa Lee Plaza II is located in the heart of the San Gabriel Valley at the ‘Main and Main’ intersection of Colima Road and Fairway Drive featuring an impressive 52,000 cars driving by the property daily. Situated along the bustling Colima Road commercial corridor featuring extensive shopping and dining destinations, the Property is just 0.5 miles from State Route 60 (Pomona Freeway), in close proximity to the interchange with State Route 57 (Orange Freeway) and captures significant commuter traffic on a daily basis. The City of Walnut is an incredibly affluent community with average household income in excess of $170,000 for its 27,230 residents. Further adding to its prestige, Walnut is widely known for its nationally recognized school district consistently ranking in the top 1-2% in CA and across the United States. As a hub for educational related tenants, Hing Wa Lee Plaza II is the perfect destination for tutoring and college planning, capitalizing on Walnut’s unmatched emphasis on education.???????
Hing Wa Lee Plaza II is a generational value-add investment opportunity at a highly trafficked intersection in one of the San Gabriel Valley's most affluent communities.