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INVESTMENT HIGHLIGHTS
- Recently renovated interior and exterior, new roof, (2017), new soffits, updated electrical wiring, new interior and exterior paint
- Loyal tenants
- 66% occupied with a high cap rate
- Lots of natural light, large open courtyard.
EXECUTIVE SUMMARY
Pasadena's Hottest Commercial Property is Waiting for You:
8,042 sq ft renovated office/retail building, 9 suites with 6 currently rented to loyal tenants, Stunning open courtyard and abundant natural light, Prime location just off Pasadena Blvd near the beltway
Imagine owning a thriving, fully-leased commercial property in one of Pasadena's most sought-after areas. This exceptional property puts that dream within your reach. This recently updated building boasts an impressive array of amenities that attract and retain top-tier tenants. From the beautiful open courtyard, the abundance of natural light, to the well maintained building with modern fixtures and recent updates, every detail has been carefully considered to create a workspace that businesses are eager to call home.
As an investor, you'll enjoy the peace of mind that comes with 6 of the 9 suites already occupied by long-term, reliable tenants. This means a steady, hands-off stream of rental income from day one - freeing you up to focus on growing your portfolio.
Whether you're an experienced investor or just starting out, this Pasadena Blvd gem offers the chance to build lasting wealth through real estate. Don't miss your chance to capitalize on the area's growth and secure your financial future.
8,042 sq ft renovated office/retail building, 9 suites with 6 currently rented to loyal tenants, Stunning open courtyard and abundant natural light, Prime location just off Pasadena Blvd near the beltway
Imagine owning a thriving, fully-leased commercial property in one of Pasadena's most sought-after areas. This exceptional property puts that dream within your reach. This recently updated building boasts an impressive array of amenities that attract and retain top-tier tenants. From the beautiful open courtyard, the abundance of natural light, to the well maintained building with modern fixtures and recent updates, every detail has been carefully considered to create a workspace that businesses are eager to call home.
As an investor, you'll enjoy the peace of mind that comes with 6 of the 9 suites already occupied by long-term, reliable tenants. This means a steady, hands-off stream of rental income from day one - freeing you up to focus on growing your portfolio.
Whether you're an experienced investor or just starting out, this Pasadena Blvd gem offers the chance to build lasting wealth through real estate. Don't miss your chance to capitalize on the area's growth and secure your financial future.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
9,888 SF
Building Class
B
Year Built/Renovated
1960/2019
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,042 SF
Building FAR
0.36
Lot Size
0.63 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
42 Spaces (5.22 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Controlled Access
- Courtyard
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 0650330000052 | Improvements Assessment | $595,321 CAD |
| Land Assessment | $462,201 CAD | Total Assessment | $1,057,522 CAD |
PROPERTY TAXES
Parcel Number
0650330000052
Land Assessment
$462,201 CAD
Improvements Assessment
$595,321 CAD
Total Assessment
$1,057,522 CAD
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1022-1024 Pasadena Blvd
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