1661 E Colorado Blvd
Pasadena, CA 91106 Marceline

2400 SQFT. approx. CAN BE SPLIT IF YOU WANT TO PAY.  Restaurant or fast food or trust or bank or retail etc. GREAT BUSY corner! Excellent opportunity for anyone due to current tenant IN BIG AUTO ACCIDENT leaving nobody to run after being only few months. Cinnabon swirl/Carvel ice cream store is out This unit is so rare to have all this new TI work done brand new and walk but its here for you. Everything including a grease trap walk in cooler, but no hood.  Tenant opened end of sept and 2 months later after was in terrible auto accident an unable to care for himself.  The family is walking away and paying rent until I secure a new tenant.  There loss is your gain after $750,000 +++$100,000 from landlord in TI improvements The space had $900,000+ worth of improvements 2013 & 2014 from 7-eleven.  7-eleven opened 1st and tried to get their alcohol lic later and were denied because across the street from school no cash and carry alcohol within 1000 yds of school, only restaurants allowed to serve alcohol.  So a dry store (no alcohol) and managed terrible and during covid so corporate closed it.  New tenant came in and just spent approx. $750,000 MORE + 100,000 from landlord just opened sept 2025 and only open 3 months. Unfortunately, he was in a bad car accident and there is nobody to run it.  The wife is paying the rent and has her own successful career and wants landlord to find a new business/tenant and does not want to save it. Cinnabon and Carvel Ice cream are owned by the same company, and this was a 1st store of the 2 brands combined called "Cinnabon Swirl" which was not a good concept and they severed all ties. Whomever takes this great opportunity will get all these fantastic upgrades done for them already!!!  Of course you will want/need to make a few changes to tweak it into your business, but the majority of the work is done. New drop ceil, new air ducks,10 ton hvac Carrier. Top of the line security system, Starlink top of the line internet and wifi, 50 gal waterheater,water purification system, double door ada compliant push botton entrance, new grease trap, new sinks, the new lighting is state of the art and effecient, etc etc Like they ripped out all the tile, poured new cement subfloor, and installed new anti slip tile.  2 New ADA bathrooms with all new hardware and toilets, changing tables, tile, etc. They upgraded electricity from 100 to 400.  That required 2 new panels in back lot, to new transformer in parking lot, which required new transformer in the street, resurface the parking lot. Lots of parking 31 spaces shared. Very busy car and foot traffic.  Fast food possible or retail or convenience store. 2 ADA handicap bathrooms, 2" water line, power 400!!! Located corner of shopping center in NW corner of Colorado Blvd on "Rose Parade route", NE corner is a Chipotle, SE corner is a Chick-fil-A, SW corner is Pasadena City College. High traffic being directly across the street from Pasadena city College with a walker's paradise walk score of 90. Within a 1/2 mile of Metro trolley/coaster and bus stop on corner and 2 minutes from 210 freeway 1/2 mile. Front double door electronic ADA push button entry.  Enclosed wall with gate for 2 trash dumpsters, privacy wall between residential and parking lot. Big shared parking lot with 2 ADA van accessible parking spots, new parking lot lights, exterior security cams front and back. Grandfathered monument sign in back lot for extra visibility. NNN lease with low CAMS.  Many more upgrades i can't remember which makes it a must see!!!! Call my cell 858-6920868 to see.

• Date available: 30 Days
• Lease term: 5 Years
• Service type: Triple Net
• Built out as: Fast Food
• Space Type: Relet