18888 Labin CtRowland Heights, CA 91748

Property Details for 18888 Labin Ct

Year built

2012

Lot size

6.02 AC

Property size (Sq ft)

143,000 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

Pearl Plaza, located at 18888 Labin Ct, Rowland Heights, CA 91748, presents a compelling investment opportunity in the thriving Los Angeles County market. This 143,000 square foot shopping center, built in 2012, sits on a 6.02-acre lot and boasts a substantial 90,000 parking spaces, ensuring ample convenience for shoppers and tenants. Currently operating at 82% occupancy, the center offers a strong foundation for immediate income generation and future growth. The property is offered at an asking price of $60,000,000, representing a compelling 6.00% capitalization rate. The multi-tenant structure benefits from a gross lease type, simplifying management and maximizing returns. Detailed property information, including financial statements and tenant lease agreements, is available via a provided Google Drive link. This well-positioned lifestyle center in Rowland Heights offers significant potential for value-add strategies and long-term appreciation. The property's size, location, and current performance make it an attractive investment for both seasoned and emerging real estate investors seeking a strong return on investment in a prime Southern California location. The property's substantial parking and its multi-tenant structure contribute to its overall appeal and potential for sustained growth.

Location Insight

City

Rowland Heights

County

Los Angeles

State

California

Latitude

33.9925

Longitude

-117.891

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