South Pasadena Shopping Center For Sale $4,875,000

Gross Leaseable Area: 6,904 SF
Price/SF: $706,11

Property Sub-type: Neighborhood Center
Construction Status: Existing

Cap Rate: 4.63 %
No. Stories: 1

Tenancy: Multipul
Year Built: 2004
Lot Size: 0.58 AC

Highlights

• Premier South Pasadena Location!
• Trophy Pride Of Ownership Newer Center
• NNN Leases -- Anchored by National Credit Tenants

• Very Rare Opportunity
• MOTIVATED SELLER! - PRICE REDUCTION

Description

MOTIVATED SELLER -- BRING OFFER! Trophy South Pasadena Newer Starbucks Shopping Center. Pride Of Ownership. NNN Leases - anchored by National Credit Tenants. Extremely Rare Opportunity.

Premier South Pasadena AAA+ Location!!
Prime Corner, excellent visibility and accessibility.
High Income Area

Financial Summary

• Actual
• Scheduled Gross Income $254,637
• 
  
• Effective Gross Income $254,637
  
  
• Operating Expenses $29,156
  
  
• Net Operating Income $225,481
  
  
• Pre-Tax Cash Flow $48,115