Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 18888 Labin Ct
- Year built
- 2012
- Lot size
- 6.02 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power 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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rowland Heights
- County
- Los Angeles
- State
- California
- Longitude
- -117.891
- Latitude
- 33.9925
