Beautiful Whole Foods | Pasadena – NNN Property

Whole Foods – Net Leased Investment Opportunity | Pasadena, CA

This offering presents a rare opportunity to acquire a newly developed Whole Foods Market net leased property located at 465 S Arroyo Pkwy, Pasadena, California 91105. Priced at $75,703,000, the property generates an annual Net Operating Income (NOI) of $3,785,175, reflecting a 5.00% cap rate.

The property is secured by a 12-year primary lease term with three (3) five-year renewal options and features an 8% rental increase in 2027. The lease structure is Triple Net (NNN), providing limited landlord responsibilities and stable, predictable income.

• Tenant: Whole Foods Market
• Price: $75,703,000
• NOI: $3,785,175 (5.00% Cap Rate)
• Lease Type: Triple Net (NNN)
• Primary Term: 12 Years
• Options: Three (3) – 5 Year Extensions
• Rental Increase: 8% Increase in 2027
• Building Size: 77,046 SF
• Land Area: 1.21 Acres
• Year Built: 2007
• Ownership: Fee Simple

Strategically positioned in a prime Pasadena trade area, the property benefits from exceptional demographics with more than 200,000 residents within a three-mile radius and an average household income exceeding $160,000. Whole Foods has successfully operated at this location for nearly 20 years, demonstrating long-term viability and strong market presence.

This asset offers investors a secure, long-term net lease investment backed by a nationally recognized tenant in a high-income, supply-constrained Southern California market.

All information is deemed reliable but not guaranteed. Buyer must independently verify all information. Rates, terms, and cap rates are subject to change without notice.