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1485 Lincoln Ave 3,480 SF Flex Building Pasadena, CA 91103 $2,474,675 CAD ($711.11 CAD/SF) 4.80% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime location!
EXECUTIVE SUMMARY
Commercial Building for sale! Tenant occupied. buyers to conduct due diligence with associating with the building and planning department in Pasadena,call agent for more information or to make offer. Tenant signed 3 year lease starting December, $7500 per month with 5% annual rent increase NNN.
PROPERTY FACTS
| Price | $2,474,675 CAD | Rentable Building Area | 3,480 SF |
| Price Per SF | $711.11 CAD | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 1927/1950 |
| Cap Rate | 4.80% | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 3.4/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 12’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.15 AC | ||
| Zoning | C - Commercial/Multi unit | ||
| Price | $2,474,675 CAD |
| Price Per SF | $711.11 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 4.80% |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 0.15 AC |
| Rentable Building Area | 3,480 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1927/1950 |
| Tenancy | Single |
| Parking Ratio | 3.4/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | C - Commercial/Multi unit |
AMENITIES
- 24 Hour Access
- Fenced Lot
- Security System
- Storage Space
UTILITIES
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
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Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 5727-011-004 | Improvements Assessment | $880,803 CAD |
| Land Assessment | $880,803 CAD | Total Assessment | $1,761,605 CAD |
PROPERTY TAXES
Parcel Number
5727-011-004
Land Assessment
$880,803 CAD
Improvements Assessment
$880,803 CAD
Total Assessment
$1,761,605 CAD
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Presented by
Mehdi Farzad
1485 Lincoln Ave
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