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55-61 Valley St 7,000 SF of Office/Retail Space Available in Pasadena, CA 91105
HIGHLIGHTS
- 7,000 SF of turnkey flex/creative office space located in the heart of Old Town Pasadena
- 10 dedicated parking spaces in the rear (tandem) - Ideal for a variety of creative office, flex, & professional uses
- Close proximity to Huntington Hospital with easy access to 210 & 134 freeways & Metro Gold Line
- Mostly open floorplan - 5 private offices - 2 conference rooms - kitchenette & 2 ADA restrooms - full HVAC throughout
- Exposed high metal truss ceiling - polished concrete floors - carpeted offices
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,000 SF | 3-5 Years | $46.04 CAD/SF/YR $3.84 CAD/SF/MO $322,291 CAD/YR $26,858 CAD/MO | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
- Open Floor Plan Layout
- 5 Private Offices
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Exposed Ceiling
- After Hours HVAC Available
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 55-61 VALLEY ST, PASADENA, CA 91105
- Pasadena Endoscopy Center
PROPERTY FACTS
| Total Space Available | 7,000 SF | Gross Leasable Area | 13,932 SF |
| Property Type | Retail | Year Built | 1952 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.94/1,000 SF |
| Total Space Available | 7,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 13,932 SF |
| Year Built | 1952 |
| Parking Ratio | 1.94/1,000 SF |
ABOUT THE PROPERTY
Specialized Realty presents a rare opportunity to lease an industrial flex/creative office building at 61 Valley Street, in Pasadena, CA. This spectacular property features 7,000 SF of space zoned CD-MU-N which allows for a multitude of uses ideal for creative office, flex, medical, or production studios. This robust building features an exposed metal truss ceiling with approximately 12-17' clearance, polished concrete floors, mostly open floor plan, 5 carpeted private offices, 2 conference rooms, with full HVAC throughout, a kitchenette, 2 ADA restrooms and 10 dedicated parking spaces in the rear (tandem). The property is strategically located in the heart of Old Town Pasadena near the 134 and 210 Freeways and Metro Gold Line, and is also in close proximity to Huntington Hospital, making it well-suited for potential medical use.
- Air Conditioning
NEARBY MAJOR RETAILERS
CONTACTS
-
Artak Dovlatyan -
Sioneh Keshishi -
Vartan Tashchyan -
Albert Karchikian -
Specialized Realty, Inc.
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55-61 Valley St
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