This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Retail/Restaurant Space + Potential Patio 2012 N Lake Ave
1,442 SF of Retail Space Available in Altadena, CA 91001
Highlights
- ± 500 SF + 1,100 SF Former Gas Station - Unique Adaptive Reuse Opportunity
- Exceptional Surrounding Demographics - Average Household Income of $133,925 within 5-Mile Radius
- Great Visibility with Ample Signage Opportunities - 20,000 Vehicles Daily
- ± 8,000 SF Parcel with Potential for Ample Patio Space
- Old Town Pasadena, Jet Propulsion Laboratory & The Rose Bowl Each within 10 Minutes of the Property
- Previously Utilized for Major Motion Picture Filming Including the 2007 Transformers Movie
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2012 | 1,442 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 2012
Pegasus Asset Management Inc. is pleased to present the opportunity to lease a former gas & service station retail property located at 2012 N Lake Ave in Altadena, California. The property offers a unique adaptive reuse opportunity at a hard-corner location. Situated on a ± 8,000 SF lot with two existing structures on the parcel (± 500 SF & ± 1,100 SF), the open space allows for the potential transformation to an exciting single- or multi-tenant configuration with a unique outdoor patio. Located north of Old Town Pasadena, the property resides in a charming historic neighborhood, set against the beautiful San Gabriel Mountains. N Lake Ave is the primary retail thoroughfare through Altadena, offering direct access to and from the I-210 freeway.
- Space is in Excellent Condition
- Corner Space
- ± 500 SF + 1,100 SF Former Gas Station - Unique Ad
- ± 8,000 SF Parcel with Potential for Ample Patio S
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.
SITE PLAN
PROPERTY FACTS FOR 2012 N Lake Ave , Altadena, CA 91001
| Property Type | Retail | Year Built | 1920 |
| Property Subtype | Restaurant | Cross Streets | Morada Place |
| Gross Leasable Area | 1,600 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,600 SF |
| Year Built | 1920 |
| Cross Streets | Morada Place |
About the Property
Pegasus Asset Management Inc. is pleased to present the opportunity to lease a former gas & service station retail property located at 2012 N Lake Ave in Altadena, California. The property offers a unique adaptive reuse opportunity at a hard-corner location. Situated on a ± 8,000 SF lot with two existing structures on the parcel (± 500 SF & ± 1,100 SF), the open space allows for the potential transformation to an exciting single- or multi-tenant configuration with a unique outdoor patio. Located north of Old Town Pasadena, the property resides in a charming historic neighborhood, set against the beautiful San Gabriel Mountains. N Lake Ave is the primary retail thoroughfare through Altadena, offering direct access to and from the I-210 freeway.
- 24 Hour Access
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
Retail/Restaurant Space + Potential Patio | 2012 N Lake Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.