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20 E Union , #110

Pasadena, CA 91103
  • $50,000
  • STATUS: Active
  • ON SITE: 54 Days
  • ID#: AR24004849
$50,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Listing Agent(s): Bao Han of Urban Realty Group (408-505-5828)


Description

Presently an upscale tea beverage shop in PRIME Old Town Pasadena. The new concept tea shop has been known as Cha Redefine and generated significant followers for high quality tea beverage in greater LA area. This is not a franchise opportunity so buyer can use different trade name other than the present trade name. The space was completely renovated in 2020 to bring the highest quality craft and design to a beverage shop, and the complete built out is over 200k plus over 40k equipment included in the asking price. The existing lease has a base rent of $4,799.01 per month + approx. $1100 NNN with 3% increase annually. This is truly a singular exceptional business opportunity for any beverage entrepreneurs/investors looking to expand their business and tap into the old town Pasadena area.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-04T00:26:19.473. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/146511791
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20 E Union , #110 Pasadena, CA 91103

  • Price: $50,000
  • Status: Active
  • On Site: 54 Days
  • ID#: AR24004849
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
645 - Pasadena (NW)
County:
Los Angeles
Area:
645 - Pasadena (NW)
Property Description
Presently an upscale tea beverage shop in PRIME Old Town Pasadena. The new concept tea shop has been known as Cha Redefine and generated significant followers for high quality tea beverage in greater LA area. This is not a franchise opportunity so buyer can use different trade name other than the present trade name. The space was completely renovated in 2020 to bring the highest quality craft and design to a beverage shop, and the complete built out is over 200k plus over 40k equipment included in the asking price. The existing lease has a base rent of $4,799.01 per month + approx. $1100 NNN with 3% increase annually. This is truly a singular exceptional business opportunity for any beverage entrepreneurs/investors looking to expand their business and tap into the old town Pasadena area.
Property Features

Additional Parcels YN No Business Name Cha Redefine Business Type Food & Beverage Exclusions Cha Redefine branding related inventoriespatenttrademarketc. Inclusions all equipmentleasehold improvements Leasable Area 635 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventional Total Actual Rent 57588



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-04T00:26:19.473. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Bao Han of Urban Realty Group (408-505-5828)