1373-1393 E Walnut St 6,000 SF 100% Leased Retail Building Pasadena, CA 91106 $5,300,000 ($883.33/SF)

Northmarq , on behalf of Ownership as its exclusive advisor, is pleased to offer for sale the rare 100% fee simple interest in the two-tenant commercial property, located at 1373 E Walnut Street, Pasadena, CA (“The Property”). The Property is positioned on a signalized corner one block between the Historic Route 66 and Interstate 210 and is comprised of two buildings on 0.53 acres. The availability to acquire such a rare asset could very well be a once in a lifetime opportunity as many real estate properties in a prime area like Pasadena are held through multiple generations. Over the last decade, land values in the area have more than doubled and are expected to continue to rise. The dual tenancy of Discount Tire Centers and Safelite AutoGlass offers a synergistic tenant mix. Both companies are well established in the auto service industry. Safelite is the nation’s largest provider in vehicle glass repair and served 6 million customers across its 7,200 locations in 2018. Discount Tire Centers is a respected operator in California for the last 40 years and has grown to 36 locations.