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- LoopNet Team
475 S Lake Ave
Pasadena, CA 91101
Property For Lease
PROPERTY FACTS
| Property Type | Retail | Year Built/Renovated | 1951/2024 |
| Property Subtype | Supermarket | Parking Ratio | 30.73/1,000 SF |
| Gross Leasable Area | 42,466 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 42,466 SF |
| Year Built/Renovated | 1951/2024 |
| Parking Ratio | 30.73/1,000 SF |
ABOUT THE PROPERTY
Located within the South Lake Avenue Business District is this iconic former Border Books Building. This single tenant, two story plus a basement building with approximately 42,000 square feet of gross leaseable area (GLA) is for lease. This building is ideal for retail use, office or medical office use, or fitness facility use. The location of the building provides a unique blend of shopping, dining, professional services and urban living all within 12 blocks in the City of Pasadena. The building is located adjacent to T.J. Maxx, Macy's, and Trader Joe's along Lake Avenue between California Blvd. and Del Mar Blvd. Construction consists of concrete exterior walls with a stucco finish and a flat membrane roofing system. Ceiling heights are 14 ft - 16 ft per floor. The property is served by an adjacent parking garage that allows for direct access to the 2nd floor level. There is a loading dock which can be access through Hudson Avenue. Asking rent is $80,000 per month or $1.92 per square foot which is well below current market rent in the area.
- Bus Line
- Signalized Intersection
- Air Conditioning
