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1194-1196 E Walnut St 1,700 SF of Retail Space Available in Pasadena, CA 91106
Highlights
- Prominent corner retail opportunity.
- Located minutes from the 210 Freeway.
- Highly visible end unit.
- Located minutes from Lake Avenue.
- Serves as the visual anchor of the strip center.
- Features a charming retro-style entrance.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,700 SF | Negotiable | $37.80 /SF/YR $3.15 /SF/MO $64,260 /YR $5,355 /MO | Modified Gross |
1st Floor
Prominent corner retail opportunity in an outstanding Pasadena location, minutes from Lake Avenue, Paseo Colorado, Old Town Pasadena and the 210 Freeway. Serving as the visual anchor of the strip center, this highly visible end unit features a charming retro-style entrance, excellent street presence and five dedicated parking spaces. Surrounded by thriving businesses and just blocks from the Gold Line Lake Avenue Station, the property offers a compelling opportunity for a retailer seeking visibility, character and convenience.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Anchor Space
- Corner Space
- Prominent corner retail opportunity
- Highly visible end unit
- Charming retro-style entrance
- Excellent street presence
- Five dedicated parking spaces
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 1194-1196 E Walnut St, Pasadena, CA 91106
- Tenant
- Description
- US Locations
- Reach
- Dream Cuts
- Services
- 1
- -
- International Camera Repair
- Home Accessories
- 1
- -
- Kule Yoga & Ayurveda
- Fitness
- 1
- -
- Santa Anita Camera Co
- Retailer
- 1
- -
- Shoetorium Shoe Repair
- Shoe Repair
- 1
- -
- Universal Coin Galleries
- Jewelry/Watches
- 1
- -
| Tenant | Description | US Locations | Reach |
| Dream Cuts | Services | 1 | - |
| International Camera Repair | Home Accessories | 1 | - |
| Kule Yoga & Ayurveda | Fitness | 1 | - |
| Santa Anita Camera Co | Retailer | 1 | - |
| Shoetorium Shoe Repair | Shoe Repair | 1 | - |
| Universal Coin Galleries | Jewelry/Watches | 1 | - |
Property Facts
| Total Space Available | 1,700 SF | Gross Leasable Area | 8,400 SF |
| Property Type | Retail | Year Built | 1961 |
| Property Subtype | Storefront | Parking Ratio | 0.6/1,000 SF |
| Total Space Available | 1,700 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 8,400 SF |
| Year Built | 1961 |
| Parking Ratio | 0.6/1,000 SF |
Features and Amenities
- Corner Lot
- Awning
Nearby Major Retailers
Contacts
-
David 'Randy' Stevenson -
Kris Hons -
David Ziegenfuss -
Stevenson Real Estate Services
