Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1569 Fairway Dr Walnut, CA 91789

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-end retail or office space in prestigious Walnut location.

    Type:Retail
    Added:
    Mar 21, 2023
    Days on Market:
    1123
    Last Refresh:
    Mar 17 at 1:19 pm

    Property Features for 1569 Fairway Dr

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    2004

    Spaces For Lease

    at 1569 Fairway Dr Contact us

    Suite 226 $2 /Mo

    Size
    1,705 SF
    Type
    Retail
    • Approx. 7,000 SF of executive office or retail space availablen• Join other...
    show more
    Contact us

    Suite 126 $3 /Mo

    Size
    1,200 SF
    Type
    Retail
    Contact us

    Suite 236 $2 /Mo

    Size
    888 SF
    Type
    Retail
    • Approx. 7,000 SF of executive office or retail space availablen• Join other...
    show more
    Contact us

    Sutie 238 $2 /Mo

    Size
    1,230 SF
    Type
    Retail
    • Approx. 7,000 SF of executive office or retail space availablen• Join other...
    show more
    Contact us

    2nd Floor, Suite 228 $2 /Mo

    Size
    2,000 SF
    Type
    Retail
    • Approx. 7,000 SF of executive office or retail space availablen• Join other...
    show more
    Contact us
    Show more

    We can help!

    Listing Contact
    Todd Nathanson
    Todd Nathanson

    Listing agent Todd Nathanson License #CA 00923779

    Listing office illi Commercial Real Estate

    Listing date Mar 21, 2023

    Source Crexi

    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 illi Commercial Real Estate

    Overview

    Luxury Retail/Office Space Available

    Located in "The Luxury Boutique Mecca", this property offers exclusive retail and tailored services. Hing Wa Lee Plaza West aims to deliver a prestigious experience for tenants and clientele. The available spaces, formerly a jewelry store and an acupuncture clinic, are suitable for high-end retail, professional offices, or media-spas. The property benefits from a solid high-end demographic and excellent street visibility. It is located close to the 60 freeway ramp and features a pylon sign and signalized intersection. The property also includes tenant-controlled HVAC and accent lighting. Current co-tenants include Hing Wa Lee Jewelers and SipLA Wine.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    V-Line Aesthetics Medical Clinic Peng Yen Wen ... Alternative Medicine Practice Harout Dermendjian, MD Physician Hing Wa Lee ... (Bike/Boat/Book/etc) Store Skin Perfect Brothers Medical Clinic

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Walnut
    County
    Los Angeles
    State
    California
    Longitude
    -117.8704609
    Latitude
    33.9882775

    Nearby Similar for Lease

    • $1.70/mo

      Harrison Avenue Warehouse Space Available

      Warehouse space with loading docks and office available for lease.
      19953 Harrison Ave, Walnut, CA 91789
      View Details
    • $2.00/mo

      Walnut Office Space For Rent

      Office space available for lease in Walnut, California.
      20690 Carrey Road, Walnut, CA 91789
      View Details
    • $1.65/mo

      Industrial Warehouse Space Available

      Warehouse space featuring dock high loading and office area.
      20531 E Walnut Dr N, Walnut, CA 91789
      View Details
    • $1.90/mo

      Industrial Space with Heavy Power

      Industrial property featuring heavy power and convenient loading access.
      323 - 327 Paseo Tesoro, Walnut, CA 91789
      View Details
    • $1.99/mo

      High Image Business Park Space

      Flex space with office and warehouse components in Walnut, CA.
      20545 E Walnut Dr N, Walnut, CA 91789
      View Details
    • $2/mo

      Walnut Office Space Available

      998 SF office space in professional business park.
      20547 Walnut Dr Suite H, Walnut, CA 91789
      View Details
    • $1.65/mo

      Walnut Industrial Space Available

      Industrial space for lease in professional business park environment.
      20531-20533 E Walnut Dr N, Walnut, CA 91789
      View Details
    • $1.35/mo

      Freestanding Warehouse Ideal for Manufacturing

      Freestanding warehouse suitable for manufacturing and distribution with freeway access.
      131 South Brea Canyon Road | Walnut, CA 91789, CA 91789
      View Details
    • $1.57/mo

      Walnut Warehouse with Office Space

      Industrial warehouse space featuring office and dock high loading.
      20529-20547 E Walnut Dr N, Walnut, CA
      View Details
    • $1.89/mo

      Walnut CA Office Space

      Second floor office space available for rent in Walnut, CA.
      745 - 831 S Lemon Ave, Walnut, CA 91789
      View Details
    • $1.55/mo

      Small Warehouse Space Available

      Small warehouse space with 14' clear height available for rent.
      618 Brea Canyon Rd Suite K, Walnut, CA 91789
      View Details
    • $2/mo

      Retail Space Available For Rent

      Retail space available for lease in Walnut, California.
      1569 Fairway Dr, Walnut, CA
      View Details

    FAQs

    What type of property is this?
    Retail space - High-end retail or office space in prestigious Walnut location.
    Where is this retail space located?
    The property is located at 1569 Fairway Dr Walnut, CA.
    What are key features of this property?
    This property features: High‑end demographic and prestigious feel appealing to luxury retail and service businesses.; Excellent street visibility and pylon signage at a signalized intersection.; Suitable for various uses: high‑end retail, professional office, or media‑spa.
    (818) 501-2212 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Todd Nathanson
    Todd Nathanson
    Real Estate License ID: CA 00923779
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!