2713 Colorado BlvdPasadena, CA 91107
- Retail properties
- 3,674 SF
Property Details for 2713 Colorado Blvd
- Year built
- 1978
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.28 AC
- Property size (Sq ft)
- 3,674 SF
- Zone code
- PSC*
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 5748-008-009
- APU
- 5748008009
Description
This exceptional Pasadena investment opportunity presents a 3,674 square foot multi-tenant retail building situated at the signalized intersection of San Gabriel Boulevard and Colorado Boulevard. The property features a diverse tenant mix, anchored by a corporate-owned 7-Eleven, ensuring consistent revenue generation. A thriving health spa and a billboard lease further diversify income streams, mitigating risk and maximizing returns. The 100% occupancy rate underscores the property's strong performance and desirability. The building is classified as Class C, with a Net Lease (NNN) structure. The 0.284-acre lot offers high visibility and accessibility in a high-traffic area. The asking price is $5,200,000, translating to $1,415.35 per square foot. The property's prime location, combined with its stable and diverse tenancy, makes it an attractive investment for those seeking a reliable and consistent income stream. The billboard lease includes a rent escalation clause every five years, providing additional long-term growth potential. This is a rare opportunity to acquire a well-performing retail property in a desirable Pasadena location with a strong anchor tenant and diversified income streams. The property's APN is 5748-008-009. This multi-tenant building offers a secure investment with a proven track record of success.
Location Insight
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Latitude
- 34.1464
- Longitude
- -118.094
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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