Log In/Sign Up
Your email has been sent.
100% Leased NNN Single-Tenant Industrial 3 Properties Offered at $14,240,000 in Pasadena, CA
Investment Highlights
- ±29,868 square foot state-of-the-art R&D/Flex industrial facility.
- Tenant was founded at Caltech in 2021, a global leader in Direct Ocean Capture technology and Musk Foundation XPRIZE winner).
- Premium R&D/Flex: 2,600A Power, 15' Clear, 4 Loading Doors, 44+ Parking, Lab Buildout.
- 100% NNN Leased to Captura Corp.
- 3% Annual Rental Increases.
Executive Summary
The Subject Property consists of an approximately ±29,868 square foot state-of-the-art R&D/Flex industrial facility situated on a ±55,087 square foot (±1.26 acre) parcel 100% leased to Captura Corporation on a NNN basis.. The building features high-end improvements, including multi-million dollar laboratory upgrades and executive offices with specialized lab buildout, creating a modern, turnkey environment optimized for advanced research, development, and light manufacturing/flex uses.
Property Facts
| Price | $14,240,000 | Status | Active |
| Price / SF | $460.42 / SF | Number of Properties | 3 |
| Sale Condition | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 6% | Total Building Size | 30,928 SF |
| Sale Type | Investment NNN | Total Land Area | 1.26 AC |
| Price | $14,240,000 |
| Price / SF | $460.42 / SF |
| Sale Condition | 1031 Exchange |
| Cap Rate | 6% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 30,928 SF |
| Total Land Area | 1.26 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 60 N San Gabriel Blvd, Pasadena, CA 91107 | Flex | 9,431 SF | 1941 | - |
| 98 N San Gabriel Blvd, Pasadena, CA 91107 | Industrial | 20,381 SF | 1954 | - |
| 24-40 N San Gabriel Blvd, Pasadena, CA 91107 | Office | 1,116 SF | 1945 | - |
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
100% Leased NNN Single-Tenant Industrial
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.