528 - 532 S. Lake Ave.
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The property is 100% Leased with Annual Rental Increases with solid tenants. Rents are under market representing a tremendous upside. The Anchor Tenants is Award Winning, De Witt Designer Kitchens Large Lot, 8,224 S.F. with ten (10) (reserved for tenants) parking spaces on site. Today, over 600 businesses operate in the South Lake Avenue business district generating an average day-time population of over 56,000 and over $190,000,000 in annual retail sales in 2008. While South Lake Avenue' s business district has grown significantly since it' s founding in 1947. It continues to retain the unique charm and elegance of its origins and has become a cherished, important and integral part of the City of Pasadena' s economy and heritage.
Address:
528-532 S. Lake Ave.
Pasadena, CA  91101 US
Community of
Fact Sheet:
Listing Type: Sale
Property Type: Commercial
Price: $1,795,000
Lot Size: 0.19 Acres acre(s)

 

Last Updated: 11/11/2014
Listed by Phil Seymour of Elite Properties Realty

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148 South Beverly Drive, Beverly Hills, CA 90212-3018
310-271-4040 phone
310-271-4185 fax