2713 Colorado Blvd Pasadena, CA 91107
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High-yield multi-tenant retail building
Property size:
3,674 SFProperty Features for 2713 Colorado Blvd
General Information
- Property type
- Individual retail properties
- Square Feet
- 3,674 SF
- Class
- C
- Lot Size
- 12,371 SF
Listing Agency: Coldwell Banker Commercial NRT Pasadena Listing Agent: Bill Ukropina
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional Pasadena investment opportunity presents a 3,674 square foot multi-tenant retail building situated at the signalized intersection of San Gabriel Boulevard and Colorado Boulevard. The property features a diverse tenant mix, anchored by a corporate-owned 7-Eleven, ensuring consistent revenue generation. A thriving health spa and a billboard lease further diversify income streams, mitigating risk and maximizing returns. The 100% occupancy rate underscores the property's strong performance and desirability. The building is classified as Class C, with a Net Lease (NNN) structure. The 0.284-acre lot offers high visibility and accessibility in a high-traffic area. The asking price is $5,200,000, translating to $1,415.35 per square foot. The property's prime location, combined with its stable and diverse tenancy, makes it an attractive investment for those seeking a reliable and consistent income stream. The billboard lease includes a rent escalation clause every five years, providing additional long-term growth potential. This is a rare opportunity to acquire a well-performing retail property in a desirable Pasadena location with a strong anchor tenant and diversified income streams. The property's APN is 5748-008-009. This multi-tenant building offers a secure investment with a proven track record of success.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Longitude
- -118.09432954761
- Latitude
- 34.146213280835
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FAQs
What type of property is this?
Individual retail property - High-yield multi-tenant retail building
Where is this individual retail property located?
The property is located at 2713 Colorado Blvd Pasadena, CA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Rare investment opportunity: Multi-tenant retail building at signalized intersection of San Gabriel Blvd and Colorado Blvd, Pasadena, CA.; Strong anchor tenant: Corporate-owned 7-Eleven provides stable income.; Diverse income streams: 7-Eleven, health spa, and billboard leases mitigate risk.
