Please see supplement for details including rent roll. ***** OWNER MAY SELL THE CORNER PARCEL SEPERATELY- PLEASE CALL BROKER FOR DETAILS *****. Two addresses included: 740 and 760 E. Colorado Blvd. We are pleased to present this rare opportunity to acquire two separate buildings in the vibrant and bustling Downtown Pasadena. The corner parcel is located at the signalized intersection of Colorado Blvd and Oak Knoll Ave. There are a total of 5 ground floor retail units as well as office suites on the second floor of each building. The property has 9 on site parking spaces as well. Rents are currently averaging $2.27 psf GROSS, representing rental upside of approximately 30%. Also, over 60% of the center will be month to month within 2 years. At $495 per sq. ft., this property is priced well below the sales comparables in the area, representing an exceptional value.
Listing courtesy of Christopher Comfort from Apex Properties
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