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1725 Nogales St Rowland Heights, CA 91748

Sponsored
For Sale
$9,800,000

High-Yield Retail Investment, 12 Tenants

Property size:
25,600 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional Rowland Heights, CA retail center, the Venti Clock Tower, presents a compelling investment opportunity. Located at 1725 Nogales St, 91748, in Los Angeles County, this 25,600 square foot, single-level property boasts a diverse mix of 12 tenants within 14 units, achieving a 90% occupancy rate. The current Net Operating Income (NOI) stands at $539,915, yielding a 5.51% cap rate, with a pro-forma NOI projected at $588,000 and a 6.00% pro-forma cap rate. The property features ample parking (103 spaces) and benefits from a cell tower lease, adding to its strong financial performance. The center is zoned C2B and includes rent bumps. Its prime location at the intersection of Colima Road and Nogales Street in the East San Gabriel Valley ensures high visibility and traffic counts. The property is further enhanced by a popular Korean BBQ restaurant, attracting a substantial customer base. This owner/user investment opportunity is ideal for those seeking a stable, high-performing retail asset with a diverse tenant base and significant upside potential. The asking price is $9,800,000, translating to $382.81 per square foot. Easy freeway access via the 60 and 57 freeways adds to its convenience and appeal. The property is a triple-net (NNN) lease.

Property Features for 1725 Nogales St

General Information

Property type
Individual retail properties
Square Feet
25,600 SF

Building Details

Units
14

HighLights

  • High‑traffic intersection in Rowland Heights, CA.
  • Easy freeway access via the 60 and 57 freeways.
  • Tenant mix primarily consists of personal service businesses.
Property Profile Location Intelligence

Current Use by Public Records

Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

Suggested Use

Realty agency Law Firm Building Supply Spa & Massage Hotel & Motel Gym & Fitness Dental Office Wholesale Shop Hair Salon Auto Parts Store

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

Location Insight

  • Map
  • Local Demand
City
Rowland Heights
County
Los Angeles
State
California
Longitude
-117.89009611522
Latitude
33.986933937018

FAQs

What type of property is this?
Individual retail property - High-Yield Retail Investment, 12 Tenants
Where is this individual retail property located?
The property is located at 1725 Nogales St Rowland Heights, CA.
What is the asking price?
The asking price for this property is $9,800,000.
What are key features of this property?
This property features: High-traffic intersection in Rowland Heights, CA.; Easy freeway access via the 60 and 57 freeways.; Tenant mix primarily consists of personal service businesses.
More about this property
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