High Visibility Retail Investment Listed at 19254 East Walnut Drive North
$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
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.