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Home Finance Two Luxury Auto Dealerships in Pasadena Hit the Market as Absolute NNN Investment on 4.36-Acre Colorado Blvd Site
FinanceIndustry NewsLos AngelesRetail

Two Luxury Auto Dealerships in Pasadena Hit the Market as Absolute NNN Investment on 4.36-Acre Colorado Blvd Site

February 9, 20263 Mins read1k
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The Land Rover and Cadillac dealerships at 3475 and 3485 E Colorado Blvd carry a combined $2.84MM NOI with 3 percent annual rent escalations and were last acquired for $26.55MM in early 2022. Newmark Pacific has brought to market a pair of high-profile luxury auto dealership properties on Pasadena's primary commercial corridor, offering investors a […]

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