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TRANSCRIPT
826 South Arroyo Parkway, Pasadena, CA 91105
OFFERING MEMORANDUM*Actual Photo
TABLE OF CONTENTS
INVESTMENT OVERVIEW 01Property Overview
Interior/Exterior Photos
Site Plan
Local Map
Aerial Map
MARKET OVERVIEW 02Market Overview
SECTION
Alliance Auto Body – Pasadena, CA
Michael MatusikVice PresidentDirect | 714.874.4004Fax | [email protected]: CA 01888322www.primenetlease.com
Paul R MatusikPresidentDirect | 714.875.2400Fax | [email protected]: CA 01351021www.primenetlease.com
P R E S E N T E D B Y
Kum & Go – Grinnell, IA
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INVESTMENT
OVERVIEW
Alliance Auto Body – Pasadena, CA
Kum & Go – Grinnell, IA
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Alliance Auto Body – Pasadena, CA
PROPERTY OVERVIEW
Pricing:
$3,950,000 Real estate may be purchased without business.
About The Investment
Located along Arroyo Parkway, this is a wonderful opportunity to acquire this office/warehouse property atthe "Entryway" to Pasadena. Currently occupied by Alliance Auto Body. Alliance Auto Body is a fullyoperational Auto Body business with a permitted spray booth and a 5-star Yelp rating.
The property can be occupied by an owner user or be redeveloped to and office or retail location (Please seePasadena city zoning for further information). The property sits on over 13,000 SF of land and beenextensively rehabbed over the last 4 years.
The property can also be sold without the business and delivered vacant. The price for real estate only is$3,950,000. For Sale only, no leases.
PROPERTY HIGHLIGHTS
High Traffic Counts!
Excellent Location on Arroyo Parkway!
Recently Remodeled!
Rare Investment Opportunity in Pasadena!
Highly Populated Area!
Easy Access to 110 Freeway!
$250,000 Business must be purchased together with real estate.
Asking Price for Real Estate:
Asking Price for Business:
PROPERTY INFORMATION
Year Built/Renovated 1946 / 2014
Building Area 8,731
Lot Area (SF) 13,105
Price/SF of Building $452.41
Price/SF of Land $301.41
Kum & Go – Grinnell, IA
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Alliance Auto Body – Pasadena, CA
PROPERTY PHOTOSPROPERTY PHOTOS - EXTERIOR
Kum & Go – Grinnell, IA
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Alliance Auto Body – Pasadena, CA
PROPERTY PHOTOSPROPERTY PHOTOS - INTERIOR
Kum & Go – Grinnell, IA
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Alliance Auto Body – Pasadena, CA
PROPERTY PHOTOSPROPERTY PHOTOS - INTERIOR
Kum & Go – Grinnell, IA
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Alliance Auto Body – Pasadena, CA
PROPERTY PHOTOSPROPERTY PHOTOS - AERIAL
Kum & Go – Grinnell, IA
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Alliance Auto Body – Pasadena, CA
SITE PLAN
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AERIAL MAPAERIAL PHOTO
Alliance Auto Body – Pasadena, CA
Kum & Go – Grinnell, IA
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Elle Em In Oh Preschool – Bridgeport, CT
REGIONAL MAP
MARKET
OVERVIEW
Kum & Go – Grinnell, IA
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Alliance Auto Body – Pasadena, CA
Kum & Go – Grinnell, IA
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Alliance Auto Body – Pasadena, CA
MARKET OVERVIEW
▪ Pasadena, city, Los Angeles county, southern California, U.S. It is located in the San Gabriel Valley, at the base
of the San Gabriel Mountains. The area was part of Rancho el Rincon de San Pasqual, a northeast section of
the San Gabriel Mission (1771). The city was founded in 1874 by Thomas B. Elliott as Indiana Colony; the
name Pasadena, a Chippewa word meaning “crown of the valley,” was adopted in 1875. The city’s growth as a
winter resort and citrus center was stimulated by the Santa Fe Railway, and subsequent freeway construction
brought it within easy commuting distance to Los Angeles, which lies 12 miles (19 km) southwest. As of
the census of 2000, there were 139,529 people, 50,307 households, and 32,749 families residing in the city.
The population density was 8,720.9 people per square mile (3,367.0/km²). There were 54,367 housing units at
an average density of 3,398.1 per square mile (1,312.0/km²). The racial makeup of the city was 45.0% White,
30.8% African American, 0.5% Native American, 3.3% Asian, 0.1% As of the 2010 census, there were 144,229
people residing in the city. The racial makeup of the city residents was 39.6% White; 34.6% Black or African
American; 3.4% Asian; and 4.3% from two or more races. A total of 38.2% of the population were Hispanic or
Latino of any race.
▪ Pasadena’s economy is partly based on the California Institute of Technology (1891), which includes the Jet
Propulsion Laboratory operated in conjunction with the National Aeronautics and Space Administration. The city
has become a center of scientific research and light manufacturing, chiefly of precision instruments and
electronic, aircraft, and missile components.
▪ Pasadena City (community) College (1924), Pacific Oaks College (1945), and Art Center College of
Design (1930) are located in the city, which is also the home of the Pasadena Playhouse. The Norton Simon
Museum of Art (formerly Pasadena Art Institute and Pasadena Museum of Modern Art) is renowned for its
collection, as is the Huntington Library in nearby San Marino. The Pacific Asia Museum contains exhibits on the
history and arts of Asia and the Pacific; its grounds contain a Chinese courtyard garden and koi ponds. The city
is perhaps most famous for its New Year’s Day Tournament of Roses, first held in 1890, which features a
televised parade attended by several hundred thousand people., The Rose Bowl, a National Historic Landmark,
is host of the first and most famous college football postseason bowl game, the Tournament of Roses Rose
Bowl Game, every New Year's Day. In 1895, the Tournament of Roses Association was formed to take charge
of the parade. In 1902, the association declared that a football game would be added to the day's events. This
was the first post-season college football game to be played on New Year's Day; many other football stadiums
followed suit. After two decades, the game outgrew its original facility, and a new stadium was constructed in the
Arroyo Seco area. The new stadium hosted its first New Year's Day football game in 1923. It was soon
christened "The Rose Bowl", as was the game itself. Many young professionals live in Pasadena and residents
tend to be liberal. The public schools in Pasadena are above average. Pasadena has a population of 141,231.
Pasadena is in Los Angeles County and is one of the best places to live in California. Living in Pasadena offers
residents an urban feel and most residents rent their homes.
Michael MatusikVice PresidentDirect | 714.874.4004Fax | [email protected]: CA 01888322www.primenetlease.com
Paul R MatusikPresidentDirect | 714.875.2400Fax | [email protected]: CA 01351021www.primenetlease.com
P R E S E N T E D B Y