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    Premier Rowland Heights Shopping Center Title is generated by Realmo AI

    18888 Labin Court, Rowland Heights, CA 91748

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    For Sale
    $37,000,000

    High-performing shopping center with diverse tenants and upside potential.

    Type:Retail
    Property size:
    129,500 SF
    Price / SF:
    $285/SF
    Added:
    Nov 21, 2025
    Days on Market:
    197
    Last Refresh:
    May 19 at 10:28 pm

    Property Features for 18888 Labin Court

    General Information

    Standard status
    Active
    Size
    129,500 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2012

    We can help!

    Listing Contact
    Anthony Ying

    Listing agent Anthony Ying License #CalDRE #02052345

    Listing office SVN Vanguard

    Listing date Nov 21, 2025

    Source Svnvanguard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of SVN Vanguard

    HighLights

    • High‑traffic location with 96,000+ cars passing daily and high visibility.
    • Newly constructed in 2012, minimizing deferred maintenance.
    • Sprawling 6.13‑acre lot with over 267,000 square feet of retail space.
    • Ample parking with over 822 surface and structured parking spots.
    • Located in Rowland Heights, surrounded by affluent residential neighborhoods.
    • Diverse tenant base with staggered leases and significant upside potential.

    Overview

    Pearl Plaza is a commercial shopping center in Rowland Heights, California, situated on a 6.13-acre lot. Constructed in 2012, the property includes over 267,000 square feet of retail space, featuring a variety of shops, restaurants, and entertainment venues with national brands and locally owned businesses. The shopping center provides over 822 surface and structured parking spots. The property includes communal areas such as outdoor seating and a central courtyard. Located in a high-traffic area with 96,000 cars passing by daily, the property is highly visible from the Pomona (60) Freeway. The location is surrounded by residential neighborhoods and is accessible from the 60 and 57 freeways. The plaza is situated at the intersection of Colima Road and Nogales Street, in a bustling area with residential and commercial properties. The surrounding area is primarily suburban, with residential communities, townhouses, and apartment complexes located nearby. The property has diverse internet-resistant tenants.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $4.38M $33.84
    − Vacancy −$289.2k −$2.23
    EGI $4.09M $31.61
    − OpEx −$1.23M −$9.48
    NOI $2.87M $22.12
    129,500 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $40.93M
    $35.81M – $47.75M (±1% cap)
    NOI $2,865,135 @ 7.0% cap · market cap 7.74%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $69.33M
    $60.67M – $80.89M (±1% cap)
    NOI $4,853,366 @ 7.0% cap · market cap 13.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Hong Kong Plaza — 18438 Colima Rd, Rowland Heights, CA 91748
    • Beijing Yogurt — Rowland Heights, CA 91748
    • West Coast Escrow — 19220 Colima Rd, Rowland Heights, CA 91748
    • Colima Plaza — 18340 Colima Rd, La Puente, CA 91748
    • La Puente Mall — Colima Rd, La Puente, CA 91748

    Location Insight

    • Map
    • Local Demand
    City
    Rowland Heights
    County
    Los Angeles
    State
    California
    Longitude
    -117.901
    Latitude
    33.985

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    FAQs

    What type of property is this?
    Shopping center - High-performing shopping center with diverse tenants and upside potential.
    Where is this shopping center located?
    The property is located at 18888 Labin Court Rowland Heights, CA.
    What is the asking price?
    The asking price for this property is $37,000,000.
    What are key features of this property?
    This property features: High‑traffic location with **96,000+ cars passing daily** and high visibility.; Newly constructed in 2012, minimizing deferred maintenance.; Sprawling 6.13‑acre lot with over 267,000 square feet of retail space.
    (714) 421-2258
    We can help!
    Listing Contact
    Anthony Ying
    Real Estate License ID: CalDRE #02052345
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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