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1951 E Colorado — photo 1
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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?

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Asking Price

$2,388,000

Est. Monthly Payment

$15,259/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Kelly Arft

RENKEN COMPANY