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High Visibility Retail Investment Listed at 19254 East Walnut Drive North

High Visibility Retail Investment Listed at 19254 East Walnut Drive North
FOR SALE
View more

$2,500,000

19254 East Walnut Drive North, Rowland Heights, CA 91748

7,432 SF

Square Feet

$336

PPSF

Property Description

High visibility retail / office investment opportunity.

Marketing description

High visibility retail / office investment opportunity. Building is two story frame and block with six units. 33% occupancy with upside in rents. 14 +/- parking spots. Improvements 7,432sf on a 13,610sf lot. Zoning LCM11/2* - Light Manufacturing (M1) classification per the city of Rowland Heights. The location also benefits from ready access to freeways and to business and employment centers. Adjacent parcel 19266-19272 E Walnut Drive APN 8760-002-020 also available for sale at 100% occupancy. Development potential with multiple adjoining parcels available.

Investment highlights

Owner user opportunity

Rental upside

Multiple parcels available


Property Details

Asset Type

Retail

Year Built

1987

Zoning

LCM11/2*

Lot Size

13,610 SF

Neighborhood

Rowland Heights

ZIP

91748

Listing Type

sale


Offering Memorandum

Download

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$142,215

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$11,851

Annual Debt Service

$142,215

View on Map

Address

19254 East Walnut Drive North

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Rowland Heights Retail Market Snapshot

Boundary boundary · Retail · Sale

No investors found in this market.

Contact the Listing Team

Sammy Lyon

Sammy Lyon

Associate Broker

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Sammy Lyon

Sammy Lyon

Associate Broker

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