Retail Business for Sale in Pasadena, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Pasadena, CA 91103

Description

Ground Floor Retail Opportunities 10 WEST is ushering in a new generation of mixed-use retail, office and residential. One where work and lifestyle intersect in a world class retail and cultural district known as Old Pasadena. Setting a new gateway to Old Pasadena, this dynamic hub of creative energy will transform for an enriching experience for all. Legacy technology began in the original Parsons Engineering campus now transforming to the 10 WEST project. It is destined to ignite a new era of forward innovation and entrepreneurial spirit that will inspire and cultivate the brilliant ideas of tomorrow. Minutes from international landmarks such as the Rose Bowl, CalTech, JPL, Art Center, Civic Center, South Lake - Playhouse - Old Pasadena Shopping Districts filled with amazing dining and shopping experiences.

Market Context

This retail in Pasadena, CA is listed for sale. It has been on the market for 148 days. Compare it against other retail listings for sale in Pasadena, CA — <a href="/search/sale/retail/california/pasadena">view the full market</a>.

As of Q3 2023, the Greater Los Angeles retail market showed rents up 0.5% year over year, and cap rates around 5.0%. Source: Consensus Q3 2023 market report.

Retail market FAQ

What is the typical cap rate for retail in Greater Los Angeles?
About 5.0% as of Q3 2023, per Consensus.

Unified Estimate

Medium Confidence

$316.80/SF – $428.62/SF

Mid: $372.71/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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