FOR LEASE OR BTS: FREE STANDING BUILDING AND LAND ±32,371 SF Parcel & ±4,032 SF Bldg 18220 COLIMA ROAD, ROWLAND HEIGHTS, CA

OFFERING MEMORANDUM

Capital Markets | Investment Properties www.cbre.com AFFILIATED BUSINESS DISCLOSURE AND CONFIDENTIALITY AGREEMENT

CBRE, Inc. operates within a global family of companies with many subsidiaries and/ These summaries do not purport to be complete nor necessarily accurate or related entities (each an “Affiliate”) engaging in a broad range of commercial real descriptions of the full agreements referenced. Interested parties are expected to estate businesses including, but not limited to, brokerage services, property and review all such summaries and other documents of whatever nature independently facilities management, valuation, investment fund management and development. At and not rely on the contents of this Memorandum in any manner. times different Affiliates may represent various clients with competing interests in the same transaction. For example, this Memorandum may be received by our Affiliates, Neither the Owner or CBRE, Inc, nor any of their respective directors, officers, including CBRE Investors, Inc. or Trammell Crow Company. Those, or other, Affiliates Affiliates or representatives make any representation or warranty, expressed or may express an interest in the property described in this Memorandum (the implied, as to the accuracy or completeness of this Memorandum or any of its “Property”) may submit an offer to purchase the Property and may be the successful contents, and no legal commitment or obligation shall arise by reason of your bidder for the Property. You hereby acknowledge that possibility and agree that receipt of this Memorandum or use of its contents; and you are to rely solely on your neither CBRE, Inc. nor any involved Affiliate will have any obligation to disclose to investigations and inspections of the Property in evaluating a possible purchase of you the involvement of any Affiliate in the sale or purchase of the roperty.P In all the real property. instances, however, CBRE, Inc. will act in the best interest of the client(s) it represents in the transaction described in this Memorandum and will not act in concert with or The Owner expressly reserved the right, at its sole discretion, to reject any or all otherwise conduct its business in a way that benefits any Affiliate to the detriment of expressions of interest or offers to purchase the Property, and/or to terminate any other offeror or prospective offeror, but rather will conduct its business in a discussions with any entity at any time with or without notice which may arise as a manner consistent with the law and any fiduciary duties owed to the client(s) it result of review of this Memorandum. The Owner shall have no legal commitment or represents in the transaction described in this Memorandum. obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property This is a confidential Memorandum intended solely for your limited use and benefit have been fully executed, delivered and approved by the Owner and any conditions in determining whether you desire to express further interest in the acquisition of the to the Owner’s obligations therein have been satisfied or waived. Property. By receipt of this Memorandum, you agree that this Memorandum and its contents This Memorandum contains selected information pertaining to the Property and does are of a confidential nature, that you will hold and treat it in the strictest confidence not purport to be a representation of the state of affairs of the Property or the owner and that you will not disclose this Memorandum or any of its contents to any other of the Property (the “Owner”), to be all-inclusive or to contain all or part of the entity without the prior written authorization of the Owner or CBRE, Inc. You also information which prospective investors may require to evaluate a purchase of real agree that you will not use this Memorandum or any of its contents in any manner property. All financial projections and information are provided for general reference detrimental to the interest of the Owner or CBRE, Inc. purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the Owner If you are a broker receiving this information you agree and understand that the and CBRE, Inc. Therefore, all projections, assumptions and other information outside brokerage fee is 2% to the buyer’s broker. provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations. Additional If after reviewing this Memorandum, you have no further interest in purchasing the information and an opportunity to inspect the Property will be made available to Property, kindly return this Memorandum to CBRE, Inc. interested and qualified prospective purchasers. In this Memorandum, certain documents, including leases and other materials, are described in summary form.

© 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. C:\Users\llopez6\Box Sync\Orange County\2019\Joe MIller\18220 Colima Road, Rowland Heights\18220 Colima Rd_OM_v06_LL.indd 18220 COLIMA ROAD, ROWLAND HEIGHTS, CA

CONTACT US

Joe Miller First Vice President +1 949 725 8665 [email protected] Lic. 00902422

CBRE, Inc. 3501 Jamboree Road Suite 100 Newport Beach, CA 92660 www.cbre.com

TABLE OF CONTENTS

04 Property Summary

10 Property Highlights

12 Parcel Map

14 Regional and Local Maps

18 City Overview

20 Demographics PROPERTY SUMMARY 18220 COLIMA ROAD, ROWLAND HEIGHTS, CA

PROPERTY SUMMARY

CBRE is pleased to present for lease or BTS a free – standing commercial building at 18220 Colima Road in Rowland Heights, CA. This property benefits from a large ±32,371 square foot parcel anad a ±4,032 Square foot Building. The owner will consider a ground lease or BTS

This location on Colima Road is just east of Fullerton Road and just south of the Pomona (60) Freeway. The free- standing pad, location has excellent exposure, frontage and direct access to Colima Road. Traffic counts exceed 34,000 CPD and is located in an affluent trade area: $95,115 Avg HH Income - 3 Miles.

18220 Colima Road Property Address Rowland Heights, CA 91748 Assessor Parcel Number 8270-017-023 Asking Price $4.30 PSF / $200,000 YR Ground Lease / BTS Former Property Use Banc of California Land Area ±32,371 Square Feet Monument Signage Current, Yes Left Turn Access Yes Zoning Commercial

property Summary 5 18220 COLIMA ROAD Colima Road

S Larkvane Road

Fullerton Road 18220 COLIMA ROAD, ROWLAND HEIGHTS, CA

SUBJECT 18220 COLIMA ROAD Colima Road

Fullerton Road

property Summary 7 18220 COLIMA ROAD

Fullerton Road

Colima Road

8 18220 COLIMA ROAD, ROWLAND HEIGHTS, CA

18220 COLIMA ROAD

property Summary 9 PROPERTY HIGHLIGHTS 18220 COLIMA ROAD, ROWLAND HEIGHTS, CA

PROPERTY HIGHLIGHTS

++ Densely populated Trade Area Commercial Over 23,361 in one-mile radius ++ Busy Corridor ++ Affluent Trade Area 34,000 CPD

++ Parcel Size ++ Location ±32,371 Square Feet Located just south of Pomona (60) Freeway and west of Fullerton Road. Fullerton Road has many retail centers and ++ Building Size support residential adjacent ±4,028 Square Feet

++ Zoning

PROPERTY HIGHLIGHTS 11 PARCEL MAP 18220 COLIMA ROAD, ROWLAND HEIGHTS, CA

PARCEL MAP

PROPERTY

PARCEL MAP 13 LOCAL MAPS 18220 COLIMA ROAD, ROWLAND HEIGHTS, CA

LOCAL MAPS

LOCAL MAPS 15 RETAIL AMENITIES MAP 18220 COLIMA ROAD, ROWLAND HEIGHTS, CA

RETAIL AMENITIES MAP

SUBJEC SUBJECT

Retail Amenities Map 17 CITY OVERVIEW

Hong Kong Supermarket San Gabriel Valley

Rowland Heights at Night 18220 COLIMA ROAD, ROWLAND HEIGHTS, CA

ROWLAND HEIGHTS OVERVIEW

Rowland Heights is an unincorporated community located adjacent to Puente ++ Rowland Heights houses 26 major retail centers with the most Hills in the San Gabriel Valley of Los Angeles. notable being the Plaza at Puente Hills, the Puente Hills Town Center, and the Canyon Point Marketplace. The city center is also less than 2 ++ Spanning 13.1 square miles, the community is home to over 50,000 miles from the Puente Hills Mall. This 1.2 million square foot center is residents with strong projected growth home to over 155 tenants including H&M, Macy’s, Burlington Coat Factory, Forever 21, Sears, and Ross. ++ Rowland Heights boasts a strong average household income of $90,489 with average home values over $645,000. ++ Rowland Heights is part of the Greater Los Angeles market which is the second largest urban region in the United States and welcomes ++ Rowland Heights has gradually become one of the Chinese centers in the greater Los Angeles. Originally formed by the stream of business 45.5 million visitors annually. expansions from Monterey Park, Rowland Heights has become an ++ Major employers in the area include the Albertsons distribution area comparable to “Chinatown” largely populated by Taiwanese. center, the CVS Caremark distribution center, Blaine Convention Services, Kirkhill Elastomers, and South Coast Air Quality ++ Rowland Heights is often referred to as “Little Taipei”, due to its high concentration of Taiwanese restaurants and businesses. It has Management. become the center for Chinese commercial and cultural activity in the southeastern region of the San Gabriel Valley.

++ Rowland Heights has a low unemployment rate with job growth of 2.5%. Future job growth over the next ten years is predicted to be 37.4%.

++ The San Gabriel Valley is served by several major freeways, including the San Bernardino Freeway (Interstate 10), Foothill Freeway (I-210), San Gabriel River Freeway (I-605), and the Long Beach Freeway (I-710). State highways include the Orange Freeway (State Route 57), the Pomona Freeway (State Route 60), Ventura Freeway (State Route 134), and the Pasadena Freeway (State Route 110).

++ The Community is home to 2.5 million square feet of retail space with historically low rents and high demand for space

City Overview 19 DEMOGRAPHICS 18220 COLIMA ROAD, ROWLAND HEIGHTS, CA

DEMOGRAPHIC BRIEF

1-Mile Radius 3-Mile Radius 5-Mile Radius Population 2018 Population - Current Year Estimate 23,283 131,546 354,182 2023 Population - Five Year Projection 23,732 133,408 362,360 2010 Population - Census 22,505 128,316 339,635 2000 Population - Census 23,632 131,557 339,880 2010-2018 Annual Population Growth Rate 0.41% 0.30% 0.51% 2018-2023 Annual Population Growth Rate 0.38% 0.28% 0.46% Households 2018 Households - Current Year Estimate 6,892 36,373 99,968 2023 Households - Five Year Projection 6,991 36,695 101,839 2010 Households - Census 6,718 35,790 96,879 2000 Households - Census 7,073 35,788 95,904 2010-2018 Annual Household Growth Rate 0.31% 0.20% 0.38% 2018-2023 Annual Household Growth Rate 0.29% 0.18% 0.37% 2018 Average Household Size 3.36 3.61 3.53 Household Income 2018 Average Household Income $78,962 $95,115 $101,581 2023 Average Household Income $93,369 $110,411 $118,272 2018 Median Household Income $56,172 $72,785 $78,152 2023 Median Household Income $64,942 $82,866 $89,005 2018 Per Capita Income $23,302 $26,438 $28,816 2023 Per Capita Income $27,399 $30,508 $33,378 Housing Units 2018 Housing Units 7,320 37,835 103,760

2018 Vacant Housing Units 428 5.8% 1,462 3.9% 3,792 3.7% ©2019 CBRE. This information has been 2018 Occupied Housing Units 6,892 94.2% 36,374 96.1% 99,968 96.3% obtained from sources believed reliable. We have not verified it and make no guarantee, warranty 2018 Owner Occupied Housing Units 3,248 44.4% 24,665 65.2% 69,438 66.9% or representation about it. Any projections, 2018 Renter Occupied Housing Units 3,644 49.8% 11,709 30.9% 30,530 29.4% opinions, assumptions or estimates used are for example only and do not represent the current or Education future performance of the property. You and your advisors should conduct a careful, independent 2018 Population 25 and Over 16,664 92,495 244,842 investigation of the property to determine to your HS and Associates Degrees 8,488 50.9% 44,346 47.9% 119,587 48.8% satisfaction the suitability of the property for your needs. Source: Esri Bachelor's Degree or Higher 5,183 31.1% 30,387 32.9% 82,240 33.6% Place of Work 2018 Businesses 1,351 3,833 11,354 Demographics 21 2018 Employees 16,731 44,324 127,526 ±32,371 SF Parcel & ±4,032 SF Bldg 18220 COLIMA ROAD, ROWLAND HEIGHTS, CA

© 2016 CBRE, Inc. The information contained in this document has been obtained from sources CONTACT US believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example Joe Miller CBRE, Inc. only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to First Vice President 3501 Jamboree Road determine to your satisfaction the suitability of the property for your needs. Photos herein are the +1 949 725 8665 Suite 100 property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or [email protected] Newport Beach, CA 92660 related companies in the United States and other countries. All other marks displayed on this document Lic. 00902422 www.cbre.com are the property of their respective owners.

Capital Markets | Investment Properties