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1489 E Colorado Blvd
1,200 SF of Retail Space Available in Pasadena, CA 91106
Highlights
- EXCELLENT exposure to ±24,000 Cars Per Day Traffic Volume
- High Density area with excellent ±$136k Average household income within a mile radius
- Nearby major retailers: Chick Fil A, Jack in the Box, Starbucks, Bank of America, Chipotle, Panda Express, Chase Bank, etc.
- Incredible Location right across from PCC and minutes from CALTECH providing stable and steady base of customers
- Right on Colorado Blvd where most of the retail happenings are in Pasadena
- Nearby many major employers in the area on Hill St, and Colorado Blvd.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 1489 | 1,200 SF | 8’10” - 11’1” | 3-5 Years | $45.00 /SF/YR $3.75 /SF/MO $54,000 /YR $4,500 /MO | Modified Gross |
1st Floor, Ste 1489
Prime retail space available for lease! This ±1,200 SF restaurant space is located right on Colorado Blvd and ACROSS the street from Pasadena City College and just walking distance from CALTECH and minutes away from Lake Ave and Old Town Pasadena. With EXCELLENT exposure to ±24,000 Cars Per Day Traffic Volume, and a strong demographics of ±$136,000 Avg. Household Income within a mile radius. Previous tenant was a successful Asian Restaurant that was run for over 30 years before the owner retired. • Newly remodeled Cafe/restaurant in one of Pasadena’s highest foot traffic zones. • Prime location right across from PCC (students’ enrollment ±29,200 students - per PCC’s website) • Superb Exposure on Colorado Blvd with High traffic volume (avg. ±24k cars per day) • High density and high demand area for retail; Walk Score 91 • The space has run as a successful restaurant space for over three decades and has been completely renewed and remodeled to again capture the local market’s interest. • The storefront sees a lot of students, including international students, so a perfect spot for international cuisine, American cuisine, and a PERFECT spot for a third wave coffee shop. • Nearby major retailers: Chick Fil A, Jack in the Box, Starbucks, Bank of America, Chipotle, Panda Express, Chase Bank, etc. INCLUDES • Customer seating area and bar, High Ceiling in dining area • Moderately sized kitchen equipped with existent Type I Hood • New HVAC system • New LED lighting throughout including floodlight on storefront • Expensive glass store frontage with window box for advertising You are only: - right across the street from Pasadena City College - 2 mins to the California Institute of Technology - 3 mins to Lake Ave shopping district - 6 mins to Pasadena Convention Center - 5 mins to Pasadena Playhouse - 9 mins to Old Pasadena - 8 mins to Rose Bowl Stadium - 11 mins to Santa Anita Mall Arcadia and Santa Anita Park Arcadia - 17 mins to Hollywood - 20 mins to Downtown Los Angeles
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Finished Ceilings: 8’10” - 11’1”
- Kitchen equipped with existent Type I Hood
- Traffic Volume ±24k cars/day
- Was a successful restaurant for 3 decades
- Partially build out with new upgrade; New HVAC
- High density and high demand area for retail
- Seating area+bar,High Ceiling in dine area
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 FOR 1489 E Colorado Blvd , Pasadena, CA 91106
| Property Type | Retail | Year Built/Renovated | 1922/2023 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.11/1,000 SF |
| Gross Leasable Area | 6,624 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,624 SF |
| Year Built/Renovated | 1922/2023 |
| Parking Ratio | 2.11/1,000 SF |
About the Property
1489 E Colorado Blvd is a Prime ±1,200SF Clean & Modern Restaurant/Retail space across from Pasadena City College, Excellent visibility with ±24k Cars/Day Traffic Volume, Strong Demographics ±$136k Avg. Household Income within a-mile radius, Walk Score 91 Prime retail space available for lease! This ±1,200 SF restaurant space is located right on Colorado Blvd and ACROSS the street from Pasadena City College and just walking distance from CALTECH and minutes away from Lake Ave and Old Town Pasadena. With EXCELLENT exposure to ±24,000 Cars Per Day Traffic Volume, and a strong demographics of ±$136,000 Avg. Household Income within a mile radius. Previous tenant was a successful Asian Restaurant that was run for over 30 years before the owner retired. LEASE HIGHLIGHTS • Newly remodeled Cafe/restaurant in one of Pasadena’s highest foot traffic zones. • Prime location right across from PCC (students’ enrollment ±29,200 students - per PCC’s website) • Superb Exposure on Colorado Blvd with High traffic volume (avg. ±24k cars per day) • High density and high demand area for retail; Walk Score 91 • The space has run as a successful restaurant space for over three decades and has been completely renewed and remodeled to again capture the local market’s interest. • The storefront sees a lot of students, including international students, so a perfect spot for international cuisine, American cuisine, and a PERFECT spot for a third wave coffee shop. • Nearby major retailers: Chick Fil A, Jack in the Box, Starbucks, Bank of America, Chipotle, Panda Express, Chase Bank, etc. • This space includes 2 assigned parking spaces in the back SPACE INCLUDES • Customer seating area and bar, High Ceiling in dining area • Moderately sized kitchen equipped with existent Type I Hood • New HVAC system • New LED lighting throughout including floodlight on storefront • Expensive glass store frontage with window box for advertising You are only: - right across the street from Pasadena City College - 2 mins to the California Institute of Technology - 3 mins to Lake Ave shopping district - 6 mins to Pasadena Convention Center - 5 mins to Pasadena Playhouse - 9 mins to Old Pasadena - 8 mins to Rose Bowl Stadium - 11 mins to Santa Anita Mall Arcadia and Santa Anita Park Arcadia - 17 mins to Hollywood - 20 mins to Downtown Los Angeles
- Bus Line
- Signalized Intersection
Nearby Major Retailers
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1489 E Colorado Blvd
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