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Indiana Colony Marketplace 55-61 E Colorado Blvd
742 - 1,538 SF of Retail Space Available in Pasadena, CA 91105
HIGHLIGHTS
- Walk Score® Walker’s Paradise (98)
- ±44 Feet of Frontage on Colorado Blvd
- Transit Score® Excellent Transit (73)
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100A | 742-1,538 SF | Negotiable | $66.00 /SF/YR $5.50 /SF/MO $101,508 /YR $8,459 /MO | Triple Net (NNN) |
1st Floor, Ste 100A
The space is approximately 1,538 RSF, with about 1,304 RSF as retail space and an additional 234 RSF of basement storage. Asking Rent: $5.50/RSF NNN Charge: Approx. $1.63/RSF The space is located inside the Indiana Colony Marketplace with neighboring tenants such as Pressed Juicery, Wanderlust Creamery, and adjoining Intelligentsia. It is located in the heart of Old Pasadena, on Colorado Blvd between Raymond Ave and Fair Oaks Ave. There is ample parking, with options ranging from nearby street parking to accessible public parking structures.
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Freezer Space
- High Ceilings
- Secure Storage
- Hardwood Floors
- Great Synergistic Environment
- Strong neighboring tenants
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 55-61 E COLORADO BLVD , PASADENA, CA 91105
| Total Space Available | 1,538 SF | Property Subtype | Storefront Retail/Office |
| Min. Divisible | 742 SF | Gross Leasable Area | 16,390 SF |
| Property Type | Retail | Year Built/Renovated | 1919/2008 |
| Total Space Available | 1,538 SF |
| Min. Divisible | 742 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 16,390 SF |
| Year Built/Renovated | 1919/2008 |
ABOUT THE PROPERTY
Located on Colorado Boulevard in the heart of Old Pasadena. Excellent exposure to sidewalk and street traffic. Close by to multiple public parking structures. Easy access to 110, 134, and 210 Freeways and within walking distance to the Gold Line. Old Pasadena is a historic district of 300 shops, restaurants, and galleries with stunning architecture, pedestrian alleys, and al fresco dining. One of the most desirable shopping districts in the greater Los Angeles area.
NEARBY MAJOR RETAILERS
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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Indiana Colony Marketplace | 55-61 E Colorado Blvd
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