Retail Business for Sale in Pasadena, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Pasadena, CA 91105

Description

Available sqft: 22989 Make your mark at 177 East Colorado and join a prestigious group of companies that have chosen the building's progressive workspaces to grow their businesses. A dramatic transformation of the indoor-outdoor lobby is underway, focusing on modern finishes and technology integrations that will engage tenants and visitors. Located along the legendary Rose Parade, tenants can enjoy being within walking distance of 300+ restaurants and retail amenities. 177 East Colorado offers the ideal live/work balance sought-after by today's leading companies.

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

$326.50/SF – $441.74/SF

Mid: $384.12/SF

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

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