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1485 Lincoln Ave 3,480 SF Flex Building Pasadena, CA 91103 $1,790,000 ($514.37/SF) 4.80% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime location!
EXECUTIVE SUMMARY
Commercial Building for sale! Tenant occupied. buyers to conduct due diligence with associating with the building and planning department in Pasadena,call agent for more information or to make offer. Tenant signed 3 year lease starting December, $7500 per month with 5% annual rent increase NNN.
PROPERTY FACTS
| Price | $1,790,000 | Rentable Building Area | 3,480 SF |
| Price Per SF | $514.37 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 1927/1950 |
| Cap Rate | 4.80% | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 3.4/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 12’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.15 AC | ||
| Zoning | C - Commercial/Multi unit | ||
| Price | $1,790,000 |
| Price Per SF | $514.37 |
| Sale Type | Investment NNN |
| Cap Rate | 4.80% |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 0.15 AC |
| Rentable Building Area | 3,480 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1927/1950 |
| Tenancy | Single |
| Parking Ratio | 3.4/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | C - Commercial/Multi unit |
AMENITIES
- 24 Hour Access
- Fenced Lot
- Security System
- Storage Space
UTILITIES
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
1 1
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 5727-011-004 | Improvements Assessment | $624,240 |
| Land Assessment | $624,240 | Total Assessment | $1,248,480 |
PROPERTY TAXES
Parcel Number
5727-011-004
Land Assessment
$624,240
Improvements Assessment
$624,240
Total Assessment
$1,248,480
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Presented by
Mehdi Farzad
1485 Lincoln Ave
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