Retail in Pasadena, CA
Price
Price on request
Market rate estimate — not broker-provided
Cost-of-Business Details
Medium ConfidenceEstimated from market cap rate (7.2%), property tax rate (0.01%), and wage-adjusted baseline.
| Component | Value | Detail | Source |
|---|---|---|---|
| Base Rent | $2.17/SF/mo | — | tax_cap_reverse |
| Utilities | — | 2.6¢/kWh | OpenEI URDB |
| Property Tax | — | 0.0% eff. rate | API Ninjas |
| Labor Index | — | $1516/wk | BLS QCEW |
Source Provenance (3)
| Source | Type | Count | Year | Freshness | Peer |
|---|---|---|---|---|---|
| Market Reports | cap_rate | — | — | quarterly | — |
| API Ninjas | property_tax | — | — | annual | — |
| BLS QCEW | wage_index | — | — | quarterly | — |
Description
Pasadena Retail For Lease ±1,325 SF ±1,325 SF retail space available Inline space near Sprouts Grocery Store ±23 parking spaces Located on a busy four way intersection with high traffic counts just south of the 210 Freeway Excellent pole and building signage available with direct street visibility Co-tenants include Mongol BBQ Nearby tenants include Sprouts and Cost Plus World Market
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Financial Details
Market Context
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: multiple brokerages Q3 2023 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2025 www matthews com data (cap rate 7.2%, asking rent trend-adjusted to today).
Compare it against other retail listings for lease in Pasadena, CA to benchmark pricing and space — view the full market.
Retail market FAQ
- What is the typical cap rate for retail in Greater Los Angeles?
- About 5.0% as of Q3 2023, per multiple brokerages.
Unified Estimate
Medium ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
Lease Rate & Market Trend
2000 – 2025 · county sold comps + market trendsFIPS 06037
- Median $/SF (sold)
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Sold Comps
Q1 2026Source: los_angeles_assessor · County FIPS: 06037
Assumptions
- Market comparison: retail in pasadena, CA
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Documents
Contact Broker
Brian Yoshimura
Geoff Martin
Ryan Burnett
Listed by
CBRE System Import