Description:

KW Commercial is pleased to present a rare opportunity to purchase an existing long-term cash flowing NNN Leased Mixed Use Property in the heart of Pasadena's retail corridor. The midcentury beauty of Pasadena’s South Lake Avenue shopping district attracts affluent consumers, retailers, and employers. The property is 100% leased to a nationally recognized tenant, Berkshire Hathaway, for over 20 years.
Constructed in 1998, the Property is in excellent condition and shows elegantly with a mix of marble and glass. With parking at the back of the building and street parking, it offers clients and employees easy access from the 210, 134, and 110 Freeways. With a Walking Score of 96, it is near the surrounding large retail anchors such as Macy's, Ann Taylor, Talbots, TJ Maxx, and Men’s Warehouse.
30 Parking Spots in Back of Building (Plus Street Parking in Front)
21,000+ Daily Traffic Count
560,000+ Population in 5-Mile Radius
Affluent Population: $121,328 Average Household Income
Not Absolute NNN Lease
Please Do Not Disturb the Tenant

Presented by:

Karl  Landreneau,  CCIM, SIOR

Director of Commercial Sales and Leasing

(225) 295-0800

(225) 252-3733

Click here to email

Listed by:

La Mesa / East County