Lot Size
22,609 sf
Status
Active
Listing Agent: Kelly Arft, RENKEN COMPANY
Pasadena
1951 E Colorado
About This Property
100% Land Title: ±22,609 SF land parcel APN 5746-015-057 Passive Rent: Collects monthly Absolute NNN ground rent Zero Maintenance: No roof, HVAC, Property Tax, or insurance bills Reversion Rights: Takes free title to building at lease end Leasehold Building: ±2,082 SF QSR drive-thru structure Tenant Expense: Franchisee pays 100% of property upkeep Direct Tax & Insurance: Paid directly by QSR tenant (Taco Bell) Locked-in Entitlement: Rare 24-hour drive-thru permit in Pasadena
Neighborhood
This property is located in Pasadena. Want to learn more about the area?
Explore CommunitiesAsking Price
$2,388,000
An agent at The Ave. will respond, not the listing agent.
Listing Agent
Kelly Arft
RENKEN COMPANY
