Listed by CBRE LA
$5,733,333
1880 E. Colorado Blvd, Pasadena CA
Details
APN 5747-021-001
Property Type Retail
Sub Type Auto Shop
Square Footage 4,725
Cap Rate 4.5%
NOI $258,000
Occupancy 100%
Tenancy Single
Brand/Tenant American Tire Depot
Lease Type Absolute NNN
Lease Term 15
Remaining Term 14
Rent Bumps Yes
Lease Options 4 5-year renewal options
Price per SqFt $1,213
Lot Size (SqFt) 16,440
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
NNN Investment Opportunity | 4.50% cap| 4.95% cap December 2026
Marketing description
About 14 years remaining with an excellent tenant. Whether purchasing the American Tire Depot (“ATD”) portfolio in its entirety or a smaller cluster of retail outlets, this is a rare opportunity to own long term NNN investment properties in excellent trade areas.
Listing Contacts
Listed by CBRE LA
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$258,000.00
$21,500.00/mo
Valuation Metrics
0
DSCR
4.5%
Cap Rate
4.5%
ROI
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