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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

495-505 Lake Ave Pasadena, CA 91101

24,366 SF Built 1954
Property ID
Property summary
AI-generated overview

This exceptional retail property, located at 495-505 S Lake Ave in Pasadena, CA 91101, offers two available spaces totaling 13,500 square feet of vacant space within a larger 24,366 square foot building. The property boasts a highly desirable location on a vibrant retail corridor, surrounded by a mix of national brands, contemporary retailers, and restaurants, creating a thriving destination. The building, constructed in 1954, features expansive storefronts ideal for prominent branding and flagship opportunities. Spaces are divisible to a minimum of 4,000 square feet and a maximum contiguous space of 9,500 square feet. One space offers approximately 4,000 square feet with a 1,250 square foot mezzanine, while the other offers approximately 9,500 square feet with an 1,800 square foot mezzanine. Both spaces benefit from high ceilings, excellent natural light, and convenient on-site parking (approximately 60 spaces, or 2.71 spaces per 1,000 square feet). The property's prime location ensures high foot traffic from both office workers and local residents. Nearby establishments include Talbots, Pavilions, Curative Yoga, Casper, Susiecakes, Terra, Coffee Bean & Tea Leaf, Macy's, CAVA, Barry's Bootcamp, LA Fitness, Ross, Pie 'n Burger, Williams Sonoma, and Soul Cycle. This presents a unique opportunity for businesses seeking a prominent presence in a thriving Pasadena retail environment. Los Angeles County location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1954
Total area 24,366 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ann Taylor Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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