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Exposed Bow Truss Flagship Retail/Restaurant 396-400 S Lake Ave
3,750 - 8,250 SF of Retail Space Available in Pasadena, CA 91101
Highlights
- This property is a blank canvas, flagship retail storefront.
- The building is part of a retail strip with fantastic street co-tenancy.
- 500 free 90-minute parking spaces located in the rear of the property.
- Prime location on Lake Avenue at intersection with cross walk.
- The property has beautiful exposed bow truss with sandblasted brick walls.
- Located on the busy Lake Avenue, which sees heavy daytime traffic.
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 | 3,750-8,250 SF | 16’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
In-line retail space with prime location on S Lake Avenue. Surrounded by various established retail tenants, across the street from Macy's and steps away from Erewhon! Landlord willing to upgrade from shell condition for the right tenancy
- Located in-line with other retail
- Finished Ceilings: 16’
- Patio space available.
- 50 feet of frontage on South Lake Ave.
- Blank canvas with lots of opportunities.
- Owner may upgrade shell for the right tenancy.
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 396-400 S Lake Ave , Pasadena, CA 91101
| Min. Divisible | 3,750 SF | Gross Leasable Area | 8,250 SF |
| Property Type | Retail | Year Built/Renovated | 1952/2017 |
| Property Subtype | Storefront | Parking Ratio | 60.61/1,000 SF |
| Min. Divisible | 3,750 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 8,250 SF |
| Year Built/Renovated | 1952/2017 |
| Parking Ratio | 60.61/1,000 SF |
About the Property
Join the prestigious retail strip on Lake Avenue in Pasadena, where a fantastic assortment of national brands combine with trendy local retailers and restaurants to create a magnificent co-tenancy. The property features a massive storefront allowing for a significant branding opportunity along a busy thoroughfare, with daily traffic from both office employees and local neighborhood consumers. The site offers dual entrances and 500 free parking spaces in the rear, in addition to unique details such as an exposed bow truss ceiling with ±16’ height clearance.
- Signage
DEMOGRAPHICS
Demographics
Nearby Major Retailers
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Exposed Bow Truss Flagship Retail/Restaurant | 396-400 S Lake Ave
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