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American Tire Depot 1880 E Colorado Blvd 4,725 SF Retail Building Pasadena, CA 91107 $5,733,333 ($1,213.40/SF) 4.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 4.95% Cap Rate: December 2026
- Corporate Guarantee
- FMV Adjustments December 2031
- Absolute NNN with 11+ Years Remaining
- Contractual 10% Rent Adjustments
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,725 SF
Building Class
C
Year Built
1941
Price
$5,733,333
Price Per SF
$1,213.40
Cap Rate
4.50%
NOI
$258,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.38 AC
Zoning
CG1, Pasadena - Commercial General
Parking
16 Spaces (3.39 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5747-021-001 | Improvements Assessment | $736,241 |
| Land Assessment | $2,721,863 | Total Assessment | $3,458,104 |
PROPERTY TAXES
Parcel Number
5747-021-001
Land Assessment
$2,721,863
Improvements Assessment
$736,241
Total Assessment
$3,458,104
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American Tire Depot | 1880 E Colorado Blvd
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