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The Colorado- Mentor Center 950 E Colorado Blvd 1,239 SF of Retail Space Available in Pasadena, CA 91106
Highlights
- High Visibility Retail Corridor
- Frontage on Colorado Boulevard (Rose Parade Route)
- Surrounded by dense multifamily development
- 84 Dedicated Parking Spaces
- Proximity to Pasadena City College (~0.3 miles)
- Turnkey restaurant infrastructure in place
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 103 | 1,239 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 103
Functional layout with defined kitchen, prep, and dining areas • Existing improvements allow for a streamlined transition for a new operator • Equipment and buildout in place (to be verified by buyer) • Suitable for a variety of food and beverage concepts • Ground-floor location with direct customer access • Street-facing frontage providing visibility along Colorado Boulevard • Located within a high-traffic retail corridor in Pasadena • Surrounded by established restaurants and complementary retail uses • Parking availability nearby (buyer to verify specifics)
- Central Air Conditioning
- Wi-Fi Connectivity
- Hardwood Floors
- Wheelchair Accessible
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 The Colorado- Mentor Center
- Tenant
- Description
- US Locations
- Reach
- Beauty Nail Eyelash Waxing
- -
- 1
- -
- Chamo Venezuelan Cuisine
- Restaurant
- 1
- -
- Fuji & Vi's Pizza Pies
- -
- 1
- -
- Hummus Labs
- Restaurant
- 1
- -
- Pizza Store
- Retailer
- 1
- -
- Playa Del Carmen Restaurant
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Beauty Nail Eyelash Waxing | - | 1 | - |
| Chamo Venezuelan Cuisine | Restaurant | 1 | - |
| Fuji & Vi's Pizza Pies | - | 1 | - |
| Hummus Labs | Restaurant | 1 | - |
| Pizza Store | Retailer | 1 | - |
| Playa Del Carmen Restaurant | Restaurant | 1 | - |
Property Facts
| Total Space Available | 1,239 SF | Total Land Area | 0.40 AC |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Restaurant | Parking Ratio | 5.11/1,000 SF |
| Gross Leasable Area | 15,543 SF |
| Total Space Available | 1,239 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 15,543 SF |
| Total Land Area | 0.40 AC |
| Year Built | 1988 |
| Parking Ratio | 5.11/1,000 SF |
About the Property
A fully built-out restaurant leasehold located along Colorado Boulevard in Pasadena, offering strong visibility and immediate usability for an incoming operator. The existing layout supports a range of food and beverage concepts and is well-suited for a casual dining or mini sports bar format. The space includes a recently renewed Type 41 beer and wine license, subject to transfer and applicable approvals. Asking key money is $165,000. Ownership is highly motivated. Rent is approximately $7,780 per month (including NNN), with a term of two (2) years plus options. The landlord will consider a new lease for a qualified tenant. All information contained herein has been obtained from sources deemed reliable; however, no representation or warranty, express or implied, is made as to the accuracy or completeness of the information. Prospective buyers are advised to conduct their own independent investigations and due diligence regarding all aspects of the property. Buyer shall not rely on any information contained in this offering memorandum, including but not limited to square footage, lot size, zoning, permits, financial projections, or condition of the property. All such matters should be independently verified by Buyer and Buyer’s advisors. The seller and broker expressly disclaim any and all liability for errors, omissions, or changes in the information provided. This offering is subject to prior sale, lease, withdrawal from the market, or change in terms without notice. Confidentiality Notice: This is an active business. Please do not contact or engage with employees or staff. All inquiries must be directed through the listing agent. Thank You
- Restaurant
- Enclosed Mall
- Wheelchair Accessible
Nearby Major Retailers
Contacts
-
Frantz G. Saint Louis -
Lane Aronson -
Berkshire Hathaway HomeServices California Propert
Presented by
The Colorado- Mentor Center | 950 E Colorado Blvd
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