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670 N Lake Ave
Pasadena, CA 91101
Walgreens · Retail Property For Sale
Investment Highlights
- Top Performing Location: Property ranks in the top 25% of all Walgreens nationally according to Placer.ai
- Absolute NNN Lease Structure: Provides passive income and no landlord maintenance responsibilities
- Dense Affluent Southern California Demographics: With a 3-mile population exceeding 185,000 people with household incomes more than $138,000
- Established Proven Location: 18-year track record of success
- Investment Grade Credit Tenant: S&P BBB Investment Grade credit rating from the nation’s largest daily needs and retail pharmacy provider in the U.S.
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,971 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.72 AC
Zoning
CL1
Parking
40 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 5732-015-035 | Improvements Assessment | $2,733,166 |
| Land Assessment | $7,024,256 | Total Assessment | $9,757,422 |
Property Taxes
Parcel Number
5732-015-035
Land Assessment
$7,024,256
Improvements Assessment
$2,733,166
Total Assessment
$9,757,422
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