Log In/Sign Up
Your email has been sent.
3475 E Colorado Blvd
Pasadena, CA 91107
Cadillac Pasadena & Land Rover Pasadena · Retail Property For Sale
Investment Highlights
- Absolute NNN Ground Leases
- Individually Parcelized
- Institutional Stability
- Superior Rent Growth
- High-Volume Luxury Locations
- Intrinsic Land Value
Executive Summary
Newmark Pacific is pleased to offer qualified investors the opportunity to acquire two high-profile and high-volume luxury dealerships - Land Rover of Pasadena and Pasadena Cadillac are strategically located along Pasadena’s primary commercial corridor at 3475 & 3485 E Colorado Blvd. The dealerships have deep roots at this location with the Cadillac dealership having a 50-year operating history providing investors with tremendous stability. Situated on a recently parcelized ±4.47-acre site, the properties are encumbered by two separate absolute NNN leases with 3% annual increases, providing stable growth, “hands off” passive ownership, and exceptional intrinsic land value.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
34,700 SF
Building Class
B
Year Built/Renovated
1993/2025
NOI
$2,842,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
4.36 AC
Zoning
C-, Pasadena - Commercial
Parking
300 Spaces (8.65 Spaces per 1,000 SF Leased)
Frontage
604’ on E Colorado Blvd
Property Taxes
| Parcel Numbers | Improvements Assessment | $11,195,742 | |
| Land Assessment | $16,971,041 | Total Assessment | $28,166,783 |
Property Taxes
Parcel Numbers
Land Assessment
$16,971,041
Improvements Assessment
$11,195,742
Total Assessment
$28,166,783
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
