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Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,100 SF | Negotiable | $71.49 CAD/SF/YR $5.96 CAD/SF/MO $78,638 CAD/YR $6,553 CAD/MO | Triple Net (NNN) |
1st Floor
*Key Money Required - Call Broker* DO NOT DISTURB TENANT Rare 2nd gen restaurant opportunity on East Colorado Boulevard, home to the world-famous Rose Parade route. This ±1,100 SF, fully-built ground-floor restaurant is offered as an asset sale, ideal for an operator who wants to skip a year-plus of permitting and hundreds of thousands in buildout and open fast in one of the San Gabriel Valley's strongest trade areas. The space comes equipped with a full commercial kitchen, hood system, refrigeration, and complete furniture, fixtures, and equipment — move-in ready for a continuing concept or a fresh re-concept (restaurant use in place). Two dedicated parking spaces, a genuine rarity on Colorado Blvd, convey with the space. Location drives the value: moments from Pasadena City College (30,000+ students per semester), minutes from Caltech, the Huntington, Old Town Pasadena, and the Playhouse District, and surrounded by dense, high-income residential. The existing operation already runs a proven off-premise/delivery program, so day-one revenue channels are in place. A below-market lease with meaningful term remaining plus renewal options rounds out one of the most efficient ways to enter the Pasadena restaurant market. Equipment, buildout, and leasehold convey; brand and goodwill available. Landlord consent required for assignment.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Security System
- Plug & Play
- Directly across Pasadena City College
- Heart of Rose Parade route
- Rent: $4,635 + 610 CAM
- 2nd Gen with kitchen, hood, FFE, and grease trap
- 1 dedicated parking space
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.
Select Tenants at 1487-1491 E Colorado Blvd, Pasadena, CA 91106
- Tenant
- Description
- US Locations
- Reach
- Botanica Lashes
- Salon/Barber/Spa
- 1
- -
- Bubble Puff Inc
- Tobacco
- 1
- -
- Lit Up Clothing
- Retailer
- 1
- -
- Print Shop
- -
- -
- -
| Tenant | Description | US Locations | Reach |
| Botanica Lashes | Salon/Barber/Spa | 1 | - |
| Bubble Puff Inc | Tobacco | 1 | - |
| Lit Up Clothing | Retailer | 1 | - |
| Print Shop | - | - | - |
Property Facts
| Total Space Available | 1,100 SF | Gross Leasable Area | 6,624 SF |
| Property Type | Retail | Year Built | 1922 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.11/1,000 SF |
| Total Space Available | 1,100 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,624 SF |
| Year Built | 1922 |
| Parking Ratio | 2.11/1,000 SF |
Features and Amenities
- Bus Line
- Signalized Intersection
Nearby Major Retailers
Presented by
1487-1491 E Colorado Blvd
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