Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

TROPHY SALE-LEASEBACK (REAL ESTATE ONLY) 3 Retail Properties Offered at $6,281,640 CAD in Pasadena, CA

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Sale-Leaseback Investment Opportunity (Real Estate ONLY - Business NOT FOR SALE)
  • Less than 1-mile from the Sierra Madre Villa Metro A Line Station
  • Recently renovated in 2018
  • Maintained strong sales through and post Covid
  • Across the street from the newly built Home Depot Retail Center
  • Strong Urban Demographics

EXECUTIVE SUMMARY

**THIS IS A REAL ESTATE OFFERING, THE RESTAURANT BUSINESS IS NOT FOR SALE**
NAI Capital is proud to present a prime opportunity to acquire three (3) contiguous buildings on the main east-west thoroughfare in East Pasadena, featuring a robust sale-leaseback from a highly seasoned restaurateur.
Freshly repositioned and completely remodeled, this investment is ideal for passive income investors and/or 1031 exchange buyers.
Measuring approximately 6,957 SF, on a generous 0.44 Acre lot; this offering represents true pride of ownership & a reliable income stream from a long-term leaseback with a successful and proven restaurant operator.

TAXES & OPERATING EXPENSES (ACTUAL - 2025)

ANNUAL (CAD)
Gross Rental Income $417,520
Other Income $68,667
Vacancy Loss -
Effective Gross Income $486,186
Taxes -
Operating Expenses -
Total Expenses $102,835
Net Operating Income $383,352

TAXES & OPERATING EXPENSES (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $417,520
Other Income (CAD)
Annual $68,667
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $486,186
Taxes (CAD)
Annual -
Operating Expenses (CAD)
Annual -
Total Expenses (CAD)
Annual $102,835
Net Operating Income (CAD)
Annual $383,352

PROPERTY FACTS

Price $6,281,640 CAD
Price / SF $902.92 CAD / SF
Sale Conditions
1031 Exchange
  • Sale Leaseback
Cap Rate 6.10%
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 -
Show More > < Show Less
  • Listing ID: 37438707

  • Date on Market: 2025-08-27

  • Last Updated:

  • Address: TROPHY SALE-LEASEBACK (REAL ESTATE ONLY), Pasadena, CA

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}