Description

In this episode of Net Lease TV on Tour Chris visits a newly developed Whole Foods Net Leased Property in Pasadena, California. The following are details of the Whole Foods Net Leased Property for Sale; Name of Store: Whole Foods Address: 465 S Arroyo Pkwy, Pasadena, CA 91105 List Price: $75,703,000 NOI: $3,785,175 (5.00% Cap) Rental Increases: 8% Increase in 2027 Lease Type: NNN, limited landlord responsibilities. Primary Lease Term: 12 Years Options: Three - 5 Year Square Feet: 77,046 Square Feet Land: 1.21 Acres Year Built: 2007 Ownership: Fee Simple to the best of our knowledge. Strong Demographics: More than 200,000 Residents within a 3 Mile Radius. Long Time Location: Whole Foods has operated here for nearly 20 Yrs. Average Household: $160,000 Income To submit a Letter of Interest with the listing agent and seller click on the link below; https://www.marabellafinance.com/prop... Submit Triple Net & Double Net Loan Request For Properties; https://www.marabellafinance.com/prop... For additional Starbucks and Net Lease properties for sale and financing information visit MCF's website at https://www.marabellafinance.com or call / text Christian Marabella at (760) 803-6464. For additional ideas for Net Lease TV on Tour or Net Lease TV call or email Christian Marabella at (760) 803-6464 and email is nnn@marabellafinance.com All information is not guaranteed expressed or implied. Potential buyer must verify all information. All rates, terms and cap rates in this episode of Net Lease TV is subject to change without notice.