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Mixed-Use

80-100 N Lake Ave

80 N Lake Ave, Pasadena, CA 91101

Listing Price: $7,500,000

Cap Rate
1.86%
Gross SF
11,556
Rentable SF
11,556
Price/Gross SF
$649.01
Lot Size
0.49 acres
Year Built
1946

Investment Overview

An 11,556 square foot value-add mixed-use retail and office property ideally located on the SE signalized corner of North Lake Avenue and Union Street, one block north of Colorado Boulevard in the heart of the high-end, affluent San Gabriel Valley sub-market of Pasadena, CA Marcus & Millichap has been selected to exclusively represent for sale 80 – 100 North Lake Avenue, an 11,556 square foot mixed-use retail and office property situated on 21,325 square feet of land ideally located on the Southeast signalized corner of North Lake Avenue and Union Street, one block north of Colorado Boulevard and two blocks off the Interstate 210 Foothill Freeway, in Pasadena, CA. Daily traffic counts exceed 23,000 vehicles per day. There are a total of twenty parking spaces.

Investment Highlights

  • SE signalized corner of North Lake Avenue and Colorado Boulevard, one block north of Colorado Boulevard
  • 88% occupied mixed-use retail and office building
  • 21,315 square feet of land zoned CD-5 and AD-2

Exclusively Listed By

Financing By

Mixed-Use

80-100 N Lake Ave

Listing Price: $7,500,000

Cap Rate
1.86%
Gross SF
11,556
Rentable SF
11,556
Price/Gross SF
$649.01
Lot Size
0.49 acres
Year Built
1946

Investment Highlights

  • SE signalized corner of North Lake Avenue and Colorado Boulevard, one block north of Colorado Boulevard
  • 88% occupied mixed-use retail and office building
  • 21,315 square feet of land zoned CD-5 and AD-2

Investment Overview

An 11,556 square foot value-add mixed-use retail and office property ideally located on the SE signalized corner of North Lake Avenue and Union Street, one block north of Colorado Boulevard in the heart of the high-end, affluent San Gabriel Valley sub-market of Pasadena, CA Marcus & Millichap has been selected to exclusively represent for sale 80 – 100 North Lake Avenue, an 11,556 square foot mixed-use retail and office property situated on 21,325 square feet of land ideally located on the Southeast signalized corner of North Lake Avenue and Union Street, one block north of Colorado Boulevard and two blocks off the Interstate 210 Foothill Freeway, in Pasadena, CA. Daily traffic counts exceed 23,000 vehicles per day. There are a total of twenty parking spaces.

Exclusively Listed By

Financing By

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