422 S Lake Ave - Storefront FOR SALE
Pasadena, CA 91101 |
422 S Lake Ave
Pasadena, CA 91101
HIGHLIGHTS
- Prime urban investment or owner-user street-front retail asset in the heart of Pasadena
- ±9,020 SF building on ±10,495 SF land parcel with additional ±9,296 SF parking lot
- Situated along South Lake Avenue, a unique 12-block corridor lined with national retailers, restaurants, and Class A office space
- Exceptional Walk Score of 96 (“Walker’s Paradise”) with close proximity to dining, groceries, shopping, parks, schools, and entertainment
- Surrounded by major national tenants including Macy’s, Pavillions, Trader Joe’s, Ross Dress for Less (adjacent), LA Fitness, Erewhon, Pottery Barn Kid
- Expands to 541,000 residents within 5 miles with average household income above $158,000
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Restaurant, Storefront, Medical
TOTAL BUILDING SIZE
9020
STORIES
1
YEAR BUILT
1955
SPRINKLERS
-
PARKING SPACES
120
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5735-031-026
