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Chase Plaza 2333 N Lake Ave 26,249 SF 100% Leased Retail Building Altadena, CA 91001 $9,980,000 ($380.20/SF)
Investment Highlights
- High visibility and strong traffic exposure
- Located in a mature, high-demand commercial corridor
- Easy access to major roads and freeways
- Ideal for owner-user or investment
Executive Summary
Positioned near Pasadena’s core commercial districts—including Old Town and South Lake—the location benefits from vibrant retail, dining, office, and cultural destinations that drive consistent daytime traffic and a strong customer base. The surrounding community offers stable household incomes and high home values, supporting demand for retail, restaurant, and professional service uses.
This asset is well-suited for both investors and owner-users seeking a stable presence in a high-demand, mature commercial corridor. Surrounded by established businesses and supported by solid area demographics, the property enjoys ongoing traffic exposure and long-term market appeal.
Property Facts
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Balcony
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Educational Services
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- Oct 2022
10th Planet Jiu Jitsu began in 2003 when Eddie Bravo created a no-gi grappling system in Los Angeles, California. The organization developed a submission-only approach for mixed martial arts competitions. 10th Planet Jiu Jitsu now has a significant presence worldwide with schools teaching the company's unique curriculum. The organization offers programs for all ages focusing on self-defense and fitness. The belt system mirrors traditional Brazilian jiu-jitsu but uses colored rash guards instead of belts. 10th Planet Jiu Jitsu became known through its connection to MMA and has many affiliated academies internationally.
- 2 M Pharmacy Inc
- Wholesaler
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- Finance and Insurance
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- Nov 2022
Chase traces roots to the Bank of the Manhattan Company, founded in 1799, and the Chase National Bank, founded in 1877, later becoming part of JPMorganChase. The company provides consumer banking, credit cards, mortgages, auto financing, small-business banking, commercial banking, and investing and retirement products. Chase serves customers through digital banking and a broad branch and ATM network across the United States, and operates as a major retail banking arm within JPMorganChase.
- CORE
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- Triple Net
- Dec 2027
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- Retailer
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Health Mart began in 1996 as an independent pharmacy franchise and is part of McKesson. The business supports locally owned pharmacies with prescription services, operational support, and tools for pharmacy benefit contracting, store design, specialty medications, and other administrative needs. Health Mart operates as a nationwide network of independent pharmacies that offer personalized care, with services that include prescription management, online refill support, home delivery, vaccinations, and health and wellness guidance.
- Webster's Community Pharmacy
- Retailer
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- Webster's Pharmacy
- Retailer
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Educational Services | - | - | - | Oct 2022 | |
| 2 M Pharmacy Inc | Wholesaler | - | - | - | - | |
|
|
Finance and Insurance | - | - | - | Nov 2022 | |
| CORE | - | - | - | Triple Net | Dec 2027 | |
|
|
Retailer | - | - | - | - | |
| Webster's Community Pharmacy | Retailer | - | - | - | - | |
| Webster's Pharmacy | Retailer | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 5845-019-017 | Improvements Assessment | $4,393,157 |
| Land Assessment | $3,891,376 | Total Assessment | $8,284,533 |
Property Taxes
