Retail Property for Sale
16388 Colima Rd, Hacienda Heights CA 91745

Rare HARD CORNER Commercial Property in Hacienda Heights CA. Prime Location on High Traffic Street

Property Details

Address
16388 Colima Rd, Hacienda Heights CA 91745
Price
$6,988,000
# of Units
38
Status
Available
Building Size
16,394
Price/Unit
N/A
CAP Rate
4.37%
Year Built
2004
GRM
14.70
Type
Mixed Use
Lot Size
43,983
Price/SF
$426

Property Information

Executive Summary

 

Growth Investment Group is proud to present a RARE commercial property located in a PRIME location in the city of Hacienda Heights. This hard corner property makes it extremely attractive for business owners and investors because of the exposure from 26,101 cars passing by per day and traffic signals on both streets (Colima Rd and Punta Del Este Dr). This property consists of a 16,394 square foot building situated on a 43,983 square foot lot and has been owned by original developers. This property is well maintained with classic stone pavement for both parking lots (front and back) which provides ample parking spaces. This excellent mix of both retail and office buildings is in close proximity to many high-traffic areas including the Puente Hills Mall.

 

Property Highlights

 

  • Property has been owned by original developers
  • Easy access to 60 FWY
  • Located on a major street (Colima Road)
  • Close proximity to restaurants, supermarkets, shopping, entertainment, fitness centers etc. (85C Bakery, Costco, Walmart, Target, Vons, 99 Ranch Market, CVS, Puente Hills Mall, SpeedZone)
  • Well maintained newer construction building with the stone pavement parking lot

 

Investment Highlights

 

  • Great mix of retail and office buildings
  • High upside potential
  • Excellent visibility from streets (26,101 cars per day)
  • Corner property (both streets have traffic signals)
  • Diverse mix of businesses
  • Abundant number of parking spaces / street parking

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