Edgewood Realty Partners Puts 77,000 SQFT Whole Foods in Pasadena Back on Market at $75.7MM

A flagship Whole Foods store at 465 S Arroyo Blvd. in Pasadena has been listed for $75.7 million, or roughly $982 per square foot. The 77,046-square-foot property on 1.21 acres generates $3.785 million in net operating income, reflecting a 5 percent capitalization rate. Built in 2007, the single-tenant retail asset operates under a triple-net lease […]