Mixed Use Development, Pacific West Region

Property Description

Mixed Use Development

Motivated seller. This investment property consists of three leased commercial condos (units (4,5,6). This is a great 1031 investment as there are five year leases, 3% annual increases, brand new high-quality construction, TIs and lease commissions already paid out. This is a easy to manage investment in Pasadena as part of a mixed-use complex.

This architecturally stunning mixed-use property is near an abundance of residential and neighborhood shopping centers and retail strip centers.

The property is zoned Commercial Limited, which allows for a range of commercial uses, such as office, medical office, retail and fast food (under 1,500 square feet). It is a desirable location for specialty stores, small bakery, or office users. Please call for more information on the tenant mix.

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