Log In/Sign Up
3848-3870 E Foothill Blvd & 3869 Arboleda St
Pasadena, CA 91107
Chase Bank 2 Tenant NNN-Major Price Reduction · Retail Property For Sale
Investment Highlights
- Ideal for Quick Closing – Prior Clean Phase I | No Encumbering CC&Rs | New Roof w/ 20 Yr Roof Warranty | Strong Occupancy for Attractive Financing
- Strong credit income stream from JPMorgan Chase & Co (S&P: A+) and national retailer Lakeshore Learning (60+ locations)
- High Performing Chase Bank branch with 58% deposit growth in the past 5 years
- Irreplaceable hard corner trophy location adjacent to Interstate 210 (216,900 VPD)
- Long term operating history at this location | Chase Bank (16+ years) | Lakeshore Learning (26+ years) | Recent 5 year lease renewals for both tenants
- Value Add Opportunity - Taking existing rent to market levels yields a 7.23% Cap Rate | Potential $327,674 Annual Rent Growth
Property Facts
Property Type
Retail
Property Subtype
Building Size
12,124 SF
Year Built/Renovated
1997/2020
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.75 AC
Zoning
C-2 - Neighborhood Business
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,347,235 | |
| Land Assessment | $1,804,333 | Total Assessment | $4,151,568 |
Property Taxes
Parcel Numbers
Land Assessment
$1,804,333
Improvements Assessment
$2,347,235
Total Assessment
$4,151,568
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
