774 N Lake Ave | Pasadena, CA 91104
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- LoopNet Team
774 N Lake Ave
Pasadena, CA 91104
Retail Property For Sale
Investment Highlights
- Opportunity to Invest in one the fastest growing fast food chains in the United States.
- ZERO Landlord Responsibilities.
- Located on iconic Lake Ave. with 35,773 Vehicles Per Day (insert Lake Ave. traffic count from ESRI).
- 20 Year Absolute Triple-Net Ground Lease.
- 10% Increases every 5 Years Through the Lease Term Including Options.
- Lake Ave is a direct exit off the 210 Freeway with traffics 350,000 Vehicles Per Day.
Property Facts
Property Type
Retail
Property Subtype
Building Size
11,044 SF
Building Class
C
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.25 AC
Zoning
CL SP-1d
Frontage
50’ on Lake Ave
Amenities
- Restaurant
- Drive Thru
Property Taxes
| Parcel Numbers | Improvements Assessment | $50,000 | |
| Land Assessment | $2,200,000 | Total Assessment | $2,250,000 |
Property Taxes
Parcel Numbers
Land Assessment
$2,200,000
Improvements Assessment
$50,000
Total Assessment
$2,250,000
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