911 E Colorado Blvd, Pasadena, CA, 91106

Highlights

• Brick bearing walls & steel framed construction.
• Seismically retrofitted in 1999. Fully Sprinklered
• Administrative, business & professional office uses allowed
• Zoning also allows for retail sales
• Parking covenant & # of spaces to be negotiates
• Previously Pasadena Star News HQ for 26 years
• Affluent AHHI $132,384 & $170,059 in a 1 & 3 mi. radius
• 2 blocks to 210/134 FWY and Lake Ave. Metro Station

Description

12,892 RSF offices on 2nd & 3rd floors + 6,680 RSF offices & storage on lower level available to Owner-User. 5,284 RSF Ground Floor leased to Life Source Water Systems to 6.30.2030 w/ 5 yr. option at FMV, allowing owner-user to purchase the property and mitigate their occupancy costs through collection of rent as well as appreciation and tax benefits. Parking covenant and number of spaces to be negotiated at market rates w/Seller who also owns the parking structure.

Located 1 parcel east of the NEC of Lake Ave. and Colorado Blvd., the highest traffic count intersection in Pasadena. Building is in the heart of Playhouse Village Historic Arts District and the northern end of The South Lake Avenue District, a 12 block area of 600 businesses.

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