Log In/Sign Up
Your email has been sent.
PRIME 100% LEASED INVESTMENT | PASADENA 3 Retail Properties Offered at $5,801,845 CAD in Pasadena, CA
Investment Highlights
- Anchor Tenant (Foothill Restaurant) with a profitable Rent-to-Sales Ratio under 6%.
- Strong urban-infill demographics w/ Average Household Incomes over $165,000 within 1-mile radius.
- Less than 1-mile from the Sierra Madre Villa Metro A Line Station.
- Recently renovated in 2018.
- Across the street from the newly built Home Depot Retail Center.
Executive Summary
*** Price Improvement - Now Yielding 6.5% Cap Rate ***
NAI Capital is pleased to present a 100% leased 3-building retail investment, on one of East Pasadena's busiest east-west corridors. This offering represents an excellent opportunity to secure dependable cash flows, anchored by a well-established Pasadena staple with full service dining (restaurant & bar building) and versatile private events (banquet hall annex building). This rare package offers passive income stability from exceptional, highly visible urban-infill real estate.
Completely remodeled (in 2018) retail buildings, measuring an aggregate ±6,957 square feet on a generous 0.44 Acre lot; this asset represents true pride of ownership, ideal for passive income investors and/or 1031 exchange buyers.
Note: This is a real estate offering, the restaurant business is not for sale.
NAI Capital is pleased to present a 100% leased 3-building retail investment, on one of East Pasadena's busiest east-west corridors. This offering represents an excellent opportunity to secure dependable cash flows, anchored by a well-established Pasadena staple with full service dining (restaurant & bar building) and versatile private events (banquet hall annex building). This rare package offers passive income stability from exceptional, highly visible urban-infill real estate.
Completely remodeled (in 2018) retail buildings, measuring an aggregate ±6,957 square feet on a generous 0.44 Acre lot; this asset represents true pride of ownership, ideal for passive income investors and/or 1031 exchange buyers.
Note: This is a real estate offering, the restaurant business is not for sale.
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$408,313
|
| Other Income |
$67,153
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$475,466
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$100,567
|
| Net Operating Income |
$374,899
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $408,313 |
| Other Income (CAD) | |
|---|---|
| Annual | $67,153 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $475,466 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $100,567 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $374,899 |
Property Facts
| Price | $5,801,845 CAD | Status | Active |
| Price / SF | $833.96 CAD / SF | Number of Properties | 3 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 6.50% | Total Building Size | 6,957 SF |
| Sale Type | Investment | Total Land Area | 0.45 AC |
| Price | $5,801,845 CAD |
| Price / SF | $833.96 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 6.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 6,957 SF |
| Total Land Area | 0.45 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2835 E Foothill Blvd, Pasadena, CA 91107 | Retail | 3,114 SF | 1953 | - |
| 2817 E Foothill Blvd, Pasadena, CA 91107 | Retail | 2,353 SF | 1960 | - |
| 2827 E Foothill Blvd, Pasadena, CA 91107 | Retail | 1,490 SF | 1960 | - |
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
PRIME 100% LEASED INVESTMENT | PASADENA
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.