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1200 Fair Oaks Ave
South Pasadena, CA 91030
South Pasadena Long Term NNN Sale-Leaseback · Retail Property For Sale
Investment Highlights
- Long Term Absolute NNN Fee Simple Sale-Leaseback – 15 Year Lease With Zero Landlord Responsibility
- "Essential" Tenant located in Prominent Retail Corridor – Large National Credit/Tenant Presence
- Strong Affluent Demographics in 3-Mile Trade Area - 274,000 People with Average Household Income $109,000
- Rare 2% Annual Increases through Term & Options
- Signalized Hard Corner With Over 32,000 Cars Per Day With Excellent Visibility
- Rare Downtown South Pasadena – Los Angeles County Offering
Property Facts
Property Type
Retail
Property Subtype
Service Station
Building Size
2,044 SF
Building Class
B
Year Built
1971
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
0.68 AC
Zoning
SPC1*
Parking
12 Spaces (5.87 Spaces per 1,000 SF Leased)
Frontage
144’ on Fair Oaks Ave
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 5320-001-024 | Improvements Assessment | $246,282 |
| Land Assessment | $3,195,551 | Total Assessment | $3,441,833 |
Property Taxes
Parcel Number
5320-001-024
Land Assessment
$3,195,551
Improvements Assessment
$246,282
Total Assessment
$3,441,833
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