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495 S Arroyo Pky 12,280 SF of Retail Space Available in Pasadena, CA 91105
HIGHLIGHTS
- Located on Arroyo Parkway, a high traffic arterial to Old Town Pasadena
- Close proximity to the Huntington Hospital Medtech Corridor
- Walker's Paradise Score of 93
- Surrounded by national & independent restaurants and retailers
- Convenient access to Gold Line, 210 & 110 Freeways
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 12,280 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $342,838 CAD/YR $28,570 CAD/MO | TBD |
1st Floor
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
| Total Space Available | 12,280 SF | Gross Leasable Area | 12,280 SF |
| Property Type | Retail | Year Built | 1925 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.22/1,000 SF |
| Total Space Available | 12,280 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,280 SF |
| Year Built | 1925 |
| Parking Ratio | 1.22/1,000 SF |
ABOUT THE PROPERTY
Excellent retail or industrial/storage opportunity on Arroyo Parkway, traffic arterial to Old Town Pasadena, less than a mile from Colorado Blvd. The building neighbors Whole Foods and has on-site parking. The building is situated in a very highly visible location surrounded by Old Pasadena, Huntington Hospital Medtech Corridor, and thriving restaurants and retailers, such as Parkway Grill, Arroyo Chophouse, Houstons, Pitfire Pizza, and Shake Shack. Convenient Gold line and 210 and 110 freeway access.
- 24 Hour Access
- Skylights
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
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495 S Arroyo Pky
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