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Prime Signalized Corner Near Lake Ave 937 E Colorado Blvd 1,800 - 8,300 SF of Space Available in Pasadena, CA 91106
HIGHLIGHTS
- Prime corner location at the signalized intersection of Colorado Blvd & Mentor in Pasadena's bustling business district, ensuring maximum visability
- Versatile space ideal for various purposes: Fitness & Gym, Retail, Restaurant, Office, Medical/Dental, R&D, Work/Live and more
- Conveniently situated within walking distance to the Metro Gold Line and the 210 Freeway, ensuring easy accessibility for both locals and commuters
- Only one block away from the renowned Colorado Blvd and Lake Ave intersection, a hub of high traffic and recognition in Pasadena
- Two large multi-story parking structures within 50 yards, providing ample parking options - 10 Parking spaces included with approved lease
- Surrounded by popular restaurants, national merchants, retailers, and class A office towers, ensuring a vibrant and high-foot-traffic location
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,000-6,500 SF | Negotiable | $42.00 /SF/YR $3.50 /SF/MO $273,000 /YR $22,750 /MO | Triple Net (NNN) | ||
| Mezzanine | 1,800 SF | Negotiable | $42.00 /SF/YR $3.50 /SF/MO $75,600 /YR $6,300 /MO | Triple Net (NNN) |
1st Floor
• Prime corner location at the signalized intersection of Colorado Blvd & Mentor in Pasadena's bustling central business district, ensuring maximum visibility. • Only one block away from the renowned Colorado Blvd and Lake Ave intersection, a hub of high traffic and recognition in Pasadena. • Versatile space suitable for various purposes: Retail, Restaurant, Gym, Creative Office, Health and Wellness, Medical, Art Gallery, and more • Boasts an exceptional Walk Score of 94, making it a Walker's Paradise. • Directly across from the recently revamped 4-Star Pasadena Hotel on Colorado Blvd, attracting increased foot traffic and enhancing the vibrancy of the locale • Faces the newly re-hauled and bustling Ice-House Comedy Club on Mentor Ave, the longest-running comedy house in the US, ensuring a lively and entertaining atmosphere. • Exceptional exposure with signage opportunities on the front, side, and back of the building, featuring 50 feet of frontage on highly trafficked Colorado Blvd and 130 feet on Mentor Ave. • Conveniently close to the Metro Gold Line and the 210 Freeway, offering easy accessibility. • Surrounded by popular restaurants, national merchants, retailers, and class A office towers, ensuring a vibrant and high-foot-traffic location. • Two large multi-story parking structures within 50 yards, providing ample parking options. • Features an inviting open layout with high 18ft ceilings, Bow-Truss roof, and an impressive glass window line.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Wi-Fi Connectivity
- Security System
- Corner Space
- High Ceilings
- After Hours HVAC Available
- Shower Facilities
- Prime corner location at Colorado Blvd & Mentor
- Impressive frontage with 50 ft on Colorado Blvd
- And 130 ft on Mentor Ave
- Boasts an exceptional Walk Score of 94
- Highly trafficked Pasadena Playhouse District
- 10 Parking spaces included with approved lease
Mezzanine
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
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.
PROPERTY FACTS
| Total Space Available | 8,300 SF | Gross Leasable Area | 8,300 SF |
| Min. Divisible | 1,800 SF | Year Built | 1936 |
| Property Type | Retail | Parking Ratio | 1.2/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 8,300 SF |
| Min. Divisible | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,300 SF |
| Year Built | 1936 |
| Parking Ratio | 1.2/1,000 SF |
ABOUT THE PROPERTY
Strategically positioned on the iconic Route 66 and the famed Rose Parade route, this property stands as a centerpiece in Pasadena's vibrant business, retail, and theater district. Surrounded by over 3,000,000 SF of class "A" office buildings, it offers a convenient stroll to exceptional shopping, dining, and cultural experiences. Within a mile radius, find established names like Macy's, Target, Trader Joe's, Ruth’s Chris Steak House, Regency Cinemas, Granville, Starbucks, Lemonade, Blaze Pizza, Urth Caffe, Ralphs, Erewhon, Ice-house Comedy Club, and many more. Immerse your business in the heartbeat of Pasadena. Location Highlights: Nestled at the prime corner of the bustling signalized intersection of Colorado Blvd & Mentor Ave, this property defines prominence in Pasadena's densely populated Central Business District. Just east of the bustling junction of Lake Ave and Colorado Blvd, it enjoys exceptional exposure and signage opportunities on the front, side, and back, featuring 50 feet of frontage on the highly trafficked Colorado Blvd and 130 feet on Mentor Ave. Directly across from the lively and renovated Ice-House Comedy Club on Mentor Ave, the longest-running comedy house in the US, and facing the newly renovated 4-Star Pasadena Hotel and Pool on Colorado Blvd, this location offers a dynamic and engaging environment. The property is conveniently within walking distance to the Metro Gold Line and the 210 Freeway, ensuring accessibility for both locals and commuters.
- 24 Hour Access
- Bus Line
- Corner Lot
- Metro/Subway
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
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Prime Signalized Corner Near Lake Ave | 937 E Colorado Blvd
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