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950 E Colorado Blvd
Pasadena, CA 91106 South Lake

Rate Upon Request

Restaurant For Lease  •  1,239 SF

Property Details

  • Property Type Restaurant
  • Year Built 1988
  • Total Building Size 15,543 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning ECSP-MU-2
70 Transit Score
80 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 103 Retail 1,239 SF Rate Upon Request
Functional layout with defined kitchen, prep, and dining areas
• Existing improvements allow for a streamlined transition for a new operator
• Equipment and buildout in place (to be verified by buyer)
• Suitable for a variety of food and beverage concepts
• Ground-floor location with direct customer access
• Street-facing frontage providing visibility along Colorado Boulevard
• Located within a high-traffic retail corridor in Pasadena
• Surrounded by established restaurants and complementary retail uses
• Parking availability nearby (buyer to verify specifics)

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet

Description

A fully built-out restaurant leasehold located along Colorado Boulevard in Pasadena, offering strong visibility and immediate usability for an incoming operator.

The existing layout supports a range of food and beverage concepts and is well-suited for a casual dining or mini sports bar format. The space includes a recently renewed Type 41 beer and wine license, subject to transfer and applicable approvals.

Asking key money is $165,000. Ownership is highly motivated. Rent is approximately $7,780 per month (including NNN), with a term of two (2) years plus options. The landlord will consider a new lease for a qualified tenant.

All information contained herein has been obtained from sources deemed reliable; however, no representation or warranty, express or implied, is made as to the accuracy or completeness of the information. Prospective buyers are advised to conduct their own independent investigations and due diligence regarding all aspects of the property.

Buyer shall not rely on any information contained in this offering memorandum, including but not limited to square footage, lot size, zoning, permits, financial projections, or condition of the property. All such matters should be independently verified by Buyer and Buyer’s advisors.

The seller and broker expressly disclaim any and all liability for errors, omissions, or changes in the information provided. This offering is subject to prior sale, lease, withdrawal from the market, or change in terms without notice.

Confidentiality Notice: 
This is an active business. Please do not contact or engage with employees or staff. All inquiries must be directed through the listing agent. Thank You

Highlights

High Visibility Retail Corridor
84 Dedicated Parking Spaces
Frontage on Colorado Boulevard (Rose Parade Route)
Proximity to Pasadena City College (~0.3 miles)
Surrounded by dense multifamily development
Turnkey restaurant infrastructure in place

Property Flyers

Amenities

  • Restaurant
  • Enclosed Mall
  • Wheelchair Accessible

Major Tenants

Tenant SF Occupied Lease End Date
Beauty Nail Eyelash Waxing
Chamo Venezuelan Cuisine
Fuji & Vi's Pizza Pies
Hummus Labs
New Delhi Palace
Pizza Store
Playa Del Carmen Restaurant
Rohit Basson Dds Inc

Public Transportation

Transit/SubwayDriveWalkDistance
Lake Avenue Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 5 min 12 min 0.6 mi
AirportDriveWalkDistance
Bob Hope 25 min - 17.6 mi
Los Angeles International 41 min - 25.7 mi
Long Beach (Daugherty Field) 42 min - 27.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 84
Type: Surface
Included in Rent: Yes
Frantz G. Saint Louis 323-761-9878 Berkshire Hathaway HomeServices California Propert
Frantz G. Saint Louis 323-761-9878 Berkshire Hathaway HomeServices California Propert