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PRIME 100% LEASED INVESTMENT | PASADENA 3 Retail Properties Offered at $5,886,207 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 |
$414,251
|
| Other Income |
$68,129
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$482,380
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$102,029
|
| Net Operating Income |
$380,350
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $414,251 |
| Other Income (CAD) | |
|---|---|
| Annual | $68,129 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $482,380 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $102,029 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $380,350 |
Property Facts
| Price | $5,886,207 CAD | Status | Active |
| Price / SF | $846.08 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 | $5,886,207 CAD |
| Price / SF | $846.08 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 | - |
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