Drive-Through Restaurant Ground
1951 E Colorado Blvd, Pasadena, CA 91107
For Lease
$2,388,000 NNN
The ground lease includes a 24-hour drive-through permit and tenant responsibility for property expenses.
Space SizeContact for details
Days on Market12
Property Features for 1951 E Colorado Blvd
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Listing Agency:
RENKEN COMPANY
Listed By:
Kelly Arft · License #CA 01231023
(909) 482-1060
Source:
Exprealty
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 8 at 5:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RENKEN COMPANY
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Investment Insights
Based on property information with market context.
This ground-leased QSR property includes a 22,609 SF parcel and a 2,082 SF drive-through building occupied by Taco Bell. The lease is structured as absolute NNN, with the tenant covering property upkeep, taxes, and insurance directly. At the end of the lease, ownership of the building reverts to the landowner.
Located at 1951 E Colorado Blvd in Pasadena, the property has a 24-hour drive-through permit. The parcel’s APN is 5746-015-057.
Located at 1951 E Colorado Blvd in Pasadena, the property has a 24-hour drive-through permit. The parcel’s APN is 5746-015-057.
Key Highlights
- 22,609 SF land parcel, APN 5746‑015‑057
- 2,082 SF QSR building with drive‑through
- Taco Bell tenant under an absolute NNN ground lease
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,139
Businesses Nearby
269k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Groceries 21%
Shops & Services 19%
Beauty & Spa 3%
Chick-fil-A
Dining
55,119 visits/mo
0.4 miles
VONS
Groceries
52,866 visits/mo
0.4 miles
In-N-Out Burger
Dining
21,888 visits/mo
0.2 miles
Panda Express
Dining
21,080 visits/mo
0.4 miles
Mobil
Shops & Services
16,111 visits/mo
0.3 miles
Demographics for 91107, CA
33,729
Population
14,137
Households
2.4
Avg Household Size
43
Median Age
59%
College-Educated
93%
High-School Grad
8.5 sq mi
ZIP Area
3,968
Density / Sq Mi
$124,880
Median Household Income
$62,250
Median Earnings
$2,311
Median Rent
$1,106,600
Median Home Value
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Market
Properties on Market for Drive through restaurants in Los Angeles County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - The ground lease includes a 24-hour drive-through permit and tenant responsibility for property expenses.
Where is this drive through restaurant located?
The property is located at 1951 E Colorado Blvd Pasadena, CA.
What is the lease rate?
The lease rate is $2,388,000.
What are key features of this property?
This property features: 22,609 SF land parcel, APN 5746‑015‑057; 2,082 SF QSR building with drive‑through; Taco Bell tenant under an absolute NNN ground lease
