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1485 Lincoln Ave 3,480 sq ft Light Industrial Property Pasadena, CA 91103 £1,338,311 (£384.57/sq ft) 4.80% Net Initial Yield



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 | £1,338,311 | Net Internal Area (NIA) | 3,480 sq ft |
| Price per sq ft | £384.57 | No. Floors | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 1927/1950 |
| Yield | 4.80% | Tenancy | Single |
| Property Type | Light Industrial | Parking Allocation | 3.4/1,000 sq ft |
| Property Subtype | Light Manufacturing | Eaves Height | 12 ft |
| Costar Property Class | C | No. Drive In / Grade-Level Doors | 1 |
| Total Plot Size | 0.15 ac | ||
| Use Class | C - Commercial/Multi unit | ||
| Price | £1,338,311 |
| Price per sq ft | £384.57 |
| Sale Type | Investment NNN |
| Yield | 4.80% |
| Property Type | Light Industrial |
| Property Subtype | Light Manufacturing |
| Costar Property Class | C |
| Total Plot Size | 0.15 ac |
| Net Internal Area (NIA) | 3,480 sq ft |
| No. Floors | 1 |
| Year Built/Renovated | 1927/1950 |
| Tenancy | Single |
| Parking Allocation | 3.4/1,000 sq ft |
| Eaves Height | 12 ft |
| No. Drive In / Grade-Level Doors | 1 |
| Use Class | C - Commercial/Multi unit |
AMENITIES
- 24 Hour Access
- Fenced Lot
- Security System
- Storage Space
UTILITIES
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
1 1
Bike Score®
Good for cycling (70)
PROPERTY TAXES
| Parcel Number | 5727-011-004 | Improvements Assessment | £466,719 |
| Land Assessment | £466,719 | Total Assessment | £933,439 |
PROPERTY TAXES
Parcel Number
5727-011-004
Land Assessment
£466,719
Improvements Assessment
£466,719
Total Assessment
£933,439
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Presented by
Mehdi Farzad
1485 Lincoln Ave
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