News Release: Just Closed – Pasadena Retail & Medical Center | Sold All Cash Above List Price

Just Closed

Multi-Tenant Medical/Retail Investment

777 S. Arroyo Pkwy Pasadena, CA

Closing Highlights

PURCHASE PRICE: $5,175,000

OM DOWNLOADS: 150+

TOTAL GLA: 8,050 SF

TRAFFIC COUNTS: 40,000 CPD

All Cash International Buyer

Sold Over $450K Above List Price

Procured 15 Offers First Two Weeks of Marketing – Competitive Bidding Process

Excellent Freeway Adjacent Location, Located Along Historic Route 66

National Franchise Tenancy with NNN Leases

FOR MORE INFORMATION, PLEASE CONTACT:

ALEX KOZAKOV
Senior Vice President
+1 213 613 3031
alex.kozakov@cbre.com
Lic. 01416489

PATRICK WADE
Senior Vice President
+1 213 613 3071
patrick.wade@cbre.com
Lic. 01454690

MATTHEW GREENBERG
Associate
+1 213 613 3544
matthew.greenberg@cbre.com
Lic. 01968717

JONATHAN FARASAT
Associate
+1 213 613 3410
jonathan.farasat@cbre.com
Lic. 02027371

ALEXIS ABAD
Associate
+1 213 613 3080
alexis.abad@cbre.com
Lic. 02041863

VIVIAN NGUYEN
Client Services Specialist
+1 213 613 3642
vivian.nguyen@cbre.com
Lic. 02087179

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