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Mentor Retail Center 950 E Colorado Blvd 1,193 - 3,152 SF of Retail Space Available in Pasadena, CA 91106
HIGHLIGHTS
- 84 parking spaces (approx. 5.2 per 1,000) and plenty of street parking.
- Cars can drive directly up to the rear of the stores on both levels
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 107 - 108 | 1,959 SF | Negotiable | $41.71 CAD/SF/YR $3.48 CAD/SF/MO $81,710 CAD/YR $6,809 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 202 | 1,193 SF | Negotiable | $47.74 CAD/SF/YR $3.98 CAD/SF/MO $56,954 CAD/YR $4,746 CAD/MO | Triple Net (NNN) |
950 E Colorado Blvd - 1st Floor - Ste 107 - 108
Ground floor, corner location: former Bakery
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Private Restrooms
- Corner Space
- 2nd-gen bakery
- 50/50 dining and kitchen layout
- High street visibility
950 E Colorado Blvd - 2nd Floor - Ste 202
2nd-gen restaurant located on the second floor. Formerly a Mexican restaurant. 10' hood.
- 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 Heating System
- Private Restrooms
- Freezer Space
- 10' hood
- 2nd-gen restaurant
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 MENTOR RETAIL CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Chamo Original Venezuelan Food
- Restaurant
- -
- -
- Humus Lab
- -
- -
- -
- Mako Bowl Japanese Food
- -
- -
- -
- New Delhi Palace
- -
- -
- -
- Tamashii Ramen House
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Chamo Original Venezuelan Food | Restaurant | - | - |
| Humus Lab | - | - | - |
| Mako Bowl Japanese Food | - | - | - |
| New Delhi Palace | - | - | - |
| Tamashii Ramen House | - | - | - |
PROPERTY FACTS
| Total Space Available | 3,152 SF | Frontage | Colorado & Lake |
| Center Type | Strip Center | Gross Leasable Area | 15,543 SF |
| Parking | 84 Spaces | Total Land Area | 0.40 AC |
| Stores | 11 | Year Built | 1988 |
| Center Properties | 1 |
| Total Space Available | 3,152 SF |
| Center Type | Strip Center |
| Parking | 84 Spaces |
| Stores | 11 |
| Center Properties | 1 |
| Frontage | Colorado & Lake |
| Gross Leasable Area | 15,543 SF |
| Total Land Area | 0.40 AC |
| Year Built | 1988 |
ABOUT THE PROPERTY
RESTAURANT LOCATION AVAILABLE! IN A SHOPPING CENTER IN THE HEART OF THE DYNAMIC BUSINESS DISTRICT IN DOWNTOWN PASADENA. The center is in a corner signalized intersection with easy access, high visibility & a lot of foot traffic. One block east of major corner, Colorado & Lake with 70,000 cars per day. There are many national chain retail stores in the immediate area. Close to several high schools and colleges. Over 3,000,000 sq. ft. of offices within short walking distance. 110 (Pasadena) Freeway & 210 (Foothill) Freeway are within 3 minutes of the center.
- Enclosed Mall
NEARBY MAJOR RETAILERS
Presented by
Mentor Retail Center | 950 E Colorado Blvd
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