Team Ukropina is proud to present an extremely rare opportunity to either purchase or lease a property for the highly-desirable combination of warehouse and distribution, retail and office uses. This property is in a prime location in Pasadena minutes from the Sierra Madre Boulevard exit off of the 210 Freeway. This location is very close to numerous National Credit Tenant amenities such as Vons, Starbucks, Home Depot, Ace Hardware, a VW dealership, Target, and the new Amazon Fresh.
The location offers almost unparalleled access to the major 210 Freeway just North on Sierra Madre Boulevard, and the Metro Goldline at Sierra Madre Villa which travels directly into Los Angeles. This property is just above the corner of Sierra Madre Blvd and the world-famous Colorado Blvd, where Pasadena’s Tournament of Roses Parade turns for the final leg of its journey, in front of the building.
The versatility of the first and second-floor spaces along with the utility of the connected warehouse present unique and plentiful opportunities for an investor seeking to customize an income-producing property or an owner-user aiming to set up their operation in a new headquarters facility. There is a tremendous amount of real estate development in the nearby area, and the buyer or lessee of this property will own or occupy a commercial building that’s value will increase profusely from the burgeoning renaissance that East Pasadena is undergoing.
Property Type: Office building
Average floor size: 18,150 sq.ft.
Office Building Size: 20,944 sq.ft.
Price Per SF: $382
Parking: 36 Spaces
Year Built: 1952
Offered at $8,000,000 / Lease Rate: $1.95 per month
For a Virtual Tour of the property, visit www.cbcworldwide.com/properties/profile/9DEZHT-PasadenaCA-CA.
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