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R&D Flex Industrial Facility
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24-98 N San Gabriel Blvd., Pasadena, CA 91107

Modern R&D/flex building with executive offices and lab upgrades, currently 100% leased on a NNN basis.

Property Size29,868 SF
Lot Size1.26 Acres
Price / SF$476.76
Days on Market49

Property Features for 24-98 N San Gabriel Blvd.

General Information

Standard status Active
Size 29,868 SF
Lot size 1.26 Acres
Property subtype Industrial
Occupancy 100%

Building Details

Year Built 1940
Tenancy Single
Listing Agency: NAI Capital - Pasadena
Listed By: Guillermo Olaiz · License #CA Broker # 01778986
Source: Crexi
Added: Jun 15 Changed: Jul 21 Last Checked: Jul 21 at 12:52PM

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 NAI Capital - Pasadena

Investment Insights

Based on property information with market context.

The subject property is an approximately 29,868-square-foot, state-of-the-art R&D/flex industrial facility on an approximately 55,087-square-foot (1.26-acre) parcel. The building includes multi-million-dollar laboratory upgrades and executive offices with specialized lab buildout, supporting advanced research, development, and light manufacturing/flex use. The property is 100% leased to Captura Corporation and is structured on an NNN basis.

Located at 24-98 N. San Gabriel Blvd., Pasadena, CA 91107, this facility is presented as a turnkey, modern laboratory-ready environment designed for R&D operators and light flex activity.

Key Highlights

  • Approximately 29,868 SF state‑of‑the‑art R&D/flex industrial facility
  • Located on a roughly 55,087 SF (about 1.26 acres) parcel
  • Currently 100% leased to Captura Corporation on an NNN basis

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Barber Shop Grocery & Convenience Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,547
Businesses Nearby
Under-served
Demand for This Use

Demographics for 91107, CA

33,729
Population
14,137
Households
2.4
Avg Household Size
43
Median Age
59%
College-Educated
93%
High-School Grad
8.5 sq mi
ZIP Area
3,968
Density / Sq Mi
$124,880
Median Household Income
$62,250
Median Earnings
$2,311
Median Rent
$1,106,600
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Billotti's Catering — 45 N San Gabriel Blvd, Pasadena, CA 91107
  • Simply Perfect Catering — 2269 E Colorado Blvd, Pasadena, CA 91107
  • Yellow Tomato Catering — 45 N San Gabriel Blvd, Pasadena, CA 91107
  • Cambria Catering — 45 N San Gabriel Blvd, Pasadena, CA 91107
  • Camille's Kitchen — 45 N San Gabriel Blvd, Pasadena, CA 91107

Frequently Asked Questions

What type of property is this?
Flex space - Modern R&D/flex building with executive offices and lab upgrades, currently 100% leased on a NNN basis.
Where is this flex space located?
The property is located at 24-98 N San Gabriel Blvd. Pasadena, CA.
What is the asking price?
The asking price for this property is $14,240,000.
What are key features of this property?
This property features: Approximately 29,868 SF state‑of‑the‑art R&D/flex industrial facility; Located on a roughly 55,087 SF (about 1.26 acres) parcel; Currently 100% leased to Captura Corporation on an NNN basis
(626) 204-1527 Call to check price and availability
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