Downtown Retail Buildings with
For Sale
Contact for pricing
Pending
740 E Colorado Blvd, Pasadena, CA 91101
Two-building retail property offers five ground-floor retail units, second-floor office suites, and nine on-site parking spaces.
Property SizeContact for details
Days on Market135
Property Features for 740 E Colorado Blvd
General Information
Standard status
Pending
Total Parking Spaces
9
Property subtype
Retail
Listing Agency:
Apex Properties
Listed By:
Chris Comfort · License #CA 01794409
Source:
Crexi
Added: Apr 12
Changed: Aug 17
Last Checked: Aug 23 at 2:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apex Properties
Investment Insights
Based on property information with market context.
Apex Properties presents a two-building retail investment opportunity in Downtown Pasadena, featuring five ground-floor retail units and office suites on the second floor of each building. The offering includes nine on-site parking spaces.
The corner parcel is located at a signalized intersection on Colorado Blvd and Oak Knoll Ave. The property is also positioned along Colorado Blvd, with Target directly across the street.
Rents are currently averaging $2.33 per square foot gross. Over 60% of the center is on month-to-month terms within two years. The owner may consider selling the corner parcel separately or the mid-block parcel separately—please contact the broker for details. The property is listed at $495 per square foot.
The corner parcel is located at a signalized intersection on Colorado Blvd and Oak Knoll Ave. The property is also positioned along Colorado Blvd, with Target directly across the street.
Rents are currently averaging $2.33 per square foot gross. Over 60% of the center is on month-to-month terms within two years. The owner may consider selling the corner parcel separately or the mid-block parcel separately—please contact the broker for details. The property is listed at $495 per square foot.
Key Highlights
- Two separate buildings in Downtown Pasadena on Colorado Blvd (corner parcel at Colorado Blvd & Oak Knoll Ave; mid block parcel also available).
- 5 ground‑floor retail units plus second‑floor office suites across the two buildings.
- 9 on‑site parking spaces available for retail and office tenants.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
9,133
Businesses Nearby
613k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 23%
Shops & Services 21%
Apparel 19%
Groceries 19%
Target
Superstores
139,271 visits/mo
0.1 miles
Macy's
Apparel
60,723 visits/mo
0.4 miles
Total Wine & More
Groceries
58,318 visits/mo
0.1 miles
Ralphs
Groceries
57,296 visits/mo
0.3 miles
Ross Dress for Less
Apparel
52,032 visits/mo
0.5 miles
Demographics for 91101, CA
20,583
Population
12,400
Households
1.7
Avg Household Size
38
Median Age
63%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
15,833
Density / Sq Mi
$94,180
Median Household Income
$62,458
Median Earnings
$2,282
Median Rent
$687,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- The Shops On Lake Avenue — 345 - 455 S Lake Ave, Pasadena, CA 91101
- The Paseo — 300 E Colorado Blvd, Pasadena, CA 91101
- Sunglass Hut at Macy's — 401 S Lake Ave, Pasadena, CA 91101
- The Burlington Arcade — 380 S Lake Ave, Pasadena, CA 91101
- The Colonnade — 350 Shoppers Ln, Pasadena, CA 91101
Frequently Asked Questions
What type of property is this?
Shopping center - Two-building retail property offers five ground-floor retail units, second-floor office suites, and nine on-site parking spaces.
Where is this shopping center located?
The property is located at 740 E Colorado Blvd Pasadena, CA.
What are key features of this property?
This property features: Two separate buildings in Downtown Pasadena on Colorado Blvd (corner parcel at Colorado Blvd & Oak Knoll Ave; mid block parcel also available).; 5 ground‑floor retail units plus second‑floor office suites across the two buildings.; 9 on‑site parking spaces available for retail and office tenants.
