Floyd Shaheen of Marcus & Millichap is pleased to present for lease 717 N Lake Avenue, a 3,540 square feet* auto repair shop ideally located on Lake Avenue, one of Pasadena’s major north/south thoroughfares. The property benefits from over 33,000 vehicles per day with excellent visibility and access from Lake Avenue. 717 N Lake Avenue is a prime owner user opportunity comprised of 3,540 square feet of auto repair & office space located just one parcel north of the corner of Lake Avenue and Orange Grove Boulevard. The property sits on 8,253 square feet of land zoned PSC. Tenant to be responsible for utilities.
With approximately 50 feet of frontage along Lake Avenue, the property benefits from excellent walkability with a walk score of 88 out of 100. 717 N Lake Avenue is ideally located in the high demand submarket of Pasadena, CA which boasts high-end demographics ($130,284 average household income within a 4-mile radius), dense immediate population (6,100 people / sq. mile), high barriers to entry, and strong market fundamentals yielding an investor/ developer landlord favored market conditions with significant growth potential. Centrally located just north of the 210 Freeway, and conveniently located in the center of a broad range of employment and retail options, 717 N Lake Avenue is surrounded by affluent high-end neighborhoods, proximate to some of the most high-end shopping malls in Los Angeles (Shops on Lake Avenue and One Colorado), and numerous high profile office towers and residential developments. * 800 SF of total building area is additional useable square feet.
