pasadena, ca - angeles,...

535 SOUTH LAKE AVE

Legendary Commercial | 1725 Camino Palmero Ste. 430, Los Angeles, CA 90046 | www.legendarycre.com | BRE No. 01245842The information contained herein was derived from sources deemed reliable. Though we do not doubt its accuracy, we do not guarantee it.

Armando AguirreFounder | Corporate Broker BRE No. 00590123 [email protected]

LegendaryCOMMERCIAL REAL ESTATE

Sheretta MorrisExecutive Manager | Leasing SpecialistBRE No. 01739452 [email protected]

PASADENA, CA

FORMER RESTAURANT \ RETAIL OPPORTUNITY

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535 SOUTH LAKE AVEPASADENA, CA


< ±6,187 SF Former Restaurant / Retail Opportunity

< $3.25 PSF - NNN Monthly ±.30¢ PSF NNN Charges < Located on the premier South Lake Avenue Shopping and Business

District in the City of Pasadena, this area provides a unique blend of shopping, dining, professional services and urban living all within 12 blocks.

< Walking distance from 3-Million SF of Class A Office buildings.

< Full Liquor License Available for sale in connection with the lease.

< Ample street and reciprocal rear parking with neighboring Pavilions Market.

< Prime restaurant\retail location at the corner of S. Lake Ave. and California Blvd. Approximately 6,187 SF of space including a covered outside patio seating area and private party room.

< Pasadena and S. Lake Ave have experienced a rise of retail/restaurant openings in recent years in response to the continuing residential development occurring in the nearby area, coupled with South Lake Avenue’s proximity to the large office market, established residential neighborhoods and California Institute of Technology (CalTech).




FRONT FACADE

PRIVATE PARTY ROOM

FRONT DINING AREA

LARGE COVERED PATIO & DINING AREA




SUBJECT SITE PLAN

535

S. L

AKE

AVEN

UE

Exis

t. 2n

d Fl

oor P

lan

389

SQ. F

T.Exist. 2nd Floor Plan

607 SQ. FT.

Building Sq. Ft. DetailsFront Restaurant Area = 1,759 SQ. FT.Back Kitchen/2 Story 819 + 607 = 1,426 SQ. FT.Private Party /2 StoryRoom 897 + 389 = 1,286 SQ. FT. Patio/Dining Area 68’-8” x 25 = 1,716 SQ. FT.-----------------------------------------------------------------Total SF: = 6,187 SQ. FT.

Front Dining Area

Stairwell

RO

OF

SLO

PE

Side

Ent

ranc

e F

rom

P

arki

ng L

ot

Stairwell

CoveredPatio/Dining Area

819 SQ. FT.

607 SQ. FT.

1,759 SQ. FT.

1,716 SQ. FT.

897 SQ. FT.389 SQ. FT.




TalbotsPottery Barn KidsMacy’s FlagshipAaron BrothersAnn TaylorStarbucksBistro 45Bravo SpaBreakthru Fitness Bru Grill & MarketBurlington ArcadeCelestino RestaurantColdwells BankerThe Colonnade BoutiquesCrystal ChaletCustom ComfortCVSDrapers & DamonDry BarFergusonGranville CafeGymboree Play & MusicJos A. BankMagnolia House LungeMassage EnvyPhilz CoffeePieology Pizzeria

William-Sonoma Ann TaylorMen’s WarehouseModa Optique Nekter Juice BarOrvisPacific SalesPaul Martin’s American GrillPetfood ExpressRangoniRossSmitty’s GrillSola Salon - Coming in 2016SoulCycleStarbucksSugar FishThe Coffee Bean & Tea Leaf Corner Bakery The Counter BurgerThe Right StartPier! ImportsTJ Maxx RunwayTokyo Shabu ShabuTrader Joe’s Urban PlatesWooden Basket CafeYogurtland

SOUTH LAKE AVENUE TENANTS

2015 POPULATION 1-Mile 3-Mile 5-MilePopulation: 28,675 219,918 581,4012015 Housing Units: 12,914 83,445 201,571

Income: Average HH Income: Average $99,538 $101,564 $92,742 Median HH Income: Median $70,816 $69,271 $63,290 Over $75,000: 47% 47% 43%

Per Capita Income: $53,085 $39,936 $32,662

Median Age: 35 39 40

Per Capita Income: $53,085 $39,936 $32,662

Population Dominant Clarification: 2015 Whites 16,376 - (56%) 111,225 - (38%) 249,868 - (28%)

2015 Asians 8,078 - (20%) 55,148 - (20%) 184,573 - (26%)

2015 Hispanics 4,475 - (16%) 69,510 - (32%) 213,228 - (37%)

Employment Population: 2015 Total Employees: 60,696 137,962 242,817

Daytime Population: 74,289 255,962 564,086

The South Lake Avenue shopping district is a regional hub combining a unique blend of shopping, dining, professional services and urban living with over 600 Pasadena businesses.> Located on South Lake Avenue, Pasadena’s “Premier Shopping District” > Walking distance from 3 million square feet of class A office buildings> Thousands of new residential units in immediate area> Average Daily Traffic Counts of 52,000 CPD> 5,865 parking spaces throughout the district> Convenient street parking and reciprocal rear parking with Von Pavilions

TEN BLOCKS OF PREMIER RETAILERS WITH 600 BUSINESSES

SOUTH LAKE AVENUE AREA HIGHLIGHTS

AREA DEMOGRAPHICS




SOUTH LAKE AVENUE AREA TENANTS

P

247 Spaces

P

255 Spaces

P

2,050 Spaces

P

P

509 Spaces

P

1,079 Spaces

P

443 Spaces

P

P

P

297 SpacesP

432 SpacesP

P

Retail Leasing Opportunities G

uide

Anchor RetailVACA

NT

Other Retail

Restaurants

O�

ce

ResidentialH

otel

Charles Schwab

Tokio Marine

Pasadena Towers

Green Street

Del M

ar Blvd

STREET LEVELSECO

ND

LEVEL

San Pasqual Street

Granite D

rive

California Boulevard

enaL sreppohS

Cordova Street

eunevA ekaL htuoS

Colorado Boulevard

Prado on Lake M

ixed Use Condo

Pasadena CollectionResidential(72 U

nits)

Du-par’s Restaurant

and Bakery

Jamba Juice

veggiegrill

Rubio’s

Panda Express

Abricott Café

Fish Dish G

rilled Seafood

Relax the BackChipotleFirst FinancialH

omestreet Bank

Culture SalonM

attress CityW

ahoo’s

Dental

Real Food Daily

BengeesIce Cream

Eye Place OP.

Floyd’s 99Barbershop

Which W

ich

SECO N

ewA

merican

Restaurant

Lemonade

William

sSonom

a Wells Fargo

TeaPAC

Wells Fargo M

ortgage

Vinotera

Zo Skin Care

Hom

e Care Assistance

Jersey Mike’sB.Luu

Olive &June

SunLifeO

rganics

Sugar�sh

Smitty’s G

rill

Starbucks

Chase BankBank ofA

merica

Bistro 45

Morales

Health

Center

Green St.

ProfessionalBuilding

5,000SF

40,000 SF

2,107 SF

13,600 SF

14,750 SF

2,093 SF

Union Bank ofCalifornia

Del Frisco’s G

rill

BluebeamSoftw

are

Morgan StanleySm

ith Barney

China EasternA

irlines

Retail & Banking

Mixed U

se Project

dusitD2 ConstancePasadena Hotel

800860

880

55899599

123

141

163

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201

225

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273

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519

527

535

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555

561

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603600

606

610

605

845885

913

899901

903

841845

851

7080

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140140

146142

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526528

532530

546548

552

560

900906

820840

848850

854860

936918

825

924928

Merrill

LynchCorporate Center

Pasadena

Vitamin

Shoppe

T-Mobile

1,903 SF

Green Street

Restaurant

The Counter

Sharkeys

LA Fitness

Northern Trust

Souplantation

MassettiCa�e

Citibank

Kaplan

Lobby

Keller William

s Realty

Alexandria Bookstore

DryBar

Luther BurbankLogix FederalCredit U

nion

WunderBarPilates

Togo’s

Image Deux

City Nat.

Bank

Cal. Credit Union

Lobby

FidelityInvestm

ents

CelestinoRestaurant

Jimm

y John’s

Saladfarm

Beven & Brock

SoulCycle

Salon Yuriy

Paul Mitchell The School

Ann Taylor

Burlington Arcade

Boutiques

VerizonW

ireless

The Right Start

Coldwell Banker

Drapers &

Dam

on’s

Men’s

Wearhouse

Mobil O

il Station

Papa Georges

Fashion Laundry

Fashion CleanersN

othing Bundt CakesN

oda Sushi

Tpumps

Berkshire Hathaw

ay

Belle Nails &

SpaM

ailbox Planet

Contessa Italian CollectionSouth Lake TailorKim

ono No Kobeya

Tiny Universe

FloatM

erle Norm

an Cosmetics

Angela W

illiams D

esignM

ikko Hair Creation

Contessa Chocolate First Financial

Tim G

aultO

rthodontist

Frame

Store

Pie ‘n Burger

Orvis

TokyoShabu Shabu

Trader Joes

MACY’S

MACY’S

Sit N Sleep

Walgreens

Aaron Bros.

Pet Food Express

Corner Bakery

Courtyard

Jos. A. Bank

Pieology Pizzeria

Nekter Juice Bar

AT&T Wireless

TJ Maxx

TJ Maxx

Talbots

Pottery BarnKids

Giggle

Woody’s H

ome

Curative Yoga

Baskin RobbinsH

oney Nail Spa

Tip Top CleanersTen Thousand VillagesEuropean W

ax CenterW

inchell’sStarbucks

Banc of California

French Hand Laundry

Orpheum

Salon

Einstein’s

Peet’s Co�ee

AssistanceLeague

Pasadena

Craft FairG

ift Shop

SalutationsHome

GPP

Ross

Subway

C2 Education

The Bee Cottage

PodleyProperties

Granite Park

Luxury Condos

Magnolia

House

Maria D

eLa Luz /PoulsenG

allery

Bravo Spa Salon

Jewels on Lake

Laser Aw

ay

Moda O

ptiqueCrystal Chalet

Yogurtland

Co�ee Bean&

Tea Leaf

Paul Martin’s

Am

erican Grill

The ColonnadeBoutiques

Ferguson Bath, Kitchen&

Lighting Gallery

Paci�c Sales

Custom Com

fort

Pier 1 Imports

Massage Envy

BreakthruFitness

CarnelianSalon

CurrencyExchange

One

Arnold’s Jew

elryFrank’sShoe

Repair

Nail

SalonStrengthShoppe

Leslie Needham

Tres Jolie

La Café Creme

Little Kuts

San SaiD

iamond

Vision

eunevA ekaL htuoS

Monaco

Audio & Video

5,003 SF

Yuan Lyu

SchoolsFirst FCU

Mediterranean Café

1,786 SF

13,248 SF

18/8Men’sSalon

Merieducation

PokeMIX byFlour + Tea

For property information and m

ore,visit w

ww

.SouthLakeAvenue.org

626.792.1259

*Map not to scale

Available Restaurant / Retail+/- 6,000 SF

535 S. Lake AvenuePasadena, CA




Not a complete ref lect ion of al l tenants

Atlas Monkeyc

3 9 4 S O U T H L A K E P A S A D E N A C A L I F O R N I A H U R S T / H A R R I G A N A S S O C I A T E S 3 1 0 . 3 7 5 . 1 8 2 1 4

OLD PASADENAOLD PASADENA CITY HALLCITY HALL

S O U T H L A K E A V E N U E A E R I A L

535

LAKE AVENUE TENANT AERIAL


535 SOUTH LAKE AVEPASADENA, CA FORMER RESTAURANT \ RETAIL OPPORTUNITY

2015POPULATION 1-mi. 3-mi. 5-mi.2015 Total Population 28,675 219,918 581,4012015 Total Daytime Population 74,289 255,962 564,0862015 Total Employees 60,696 137,962 242,8172015 White alone 16,376 111,225 249,8682015 Black or African American alone 1,451 14,671 30,8822015 American Indian and Alaska Native alone 93 1,280 3,8772015 Asian alone 8,078 55,148 184,5732015 Native Hawaiian and OPI alone 27 215 4982015 Some Other Race alone 1,317 26,353 85,3612015 Two or More Races alone 1,333 11,026 26,3422015 Hispanic 4,475 69,510 213,2282015 Not Hispanic 24,200 150,408 368,173% 2015 White alone 57.11% 50.58% 42.98%% 2015 Black or African American alone 5.06% 6.67% 5.31%% 2015 American Indian and Alaska Native alone 0.32% 0.58% 0.67%% 2015 Asian alone 28.17% 25.08% 31.75%% 2015 Native Hawaiian and OPI alone 0.09% 0.10% 0.09%% 2015 Some Other Race alone 4.59% 11.98% 14.68%% 2015 Two or More Races alone 4.65% 5.01% 4.53%% 2015 Hispanic 15.61% 31.61% 36.67%% 2015 Not Hispanic 84.39% 68.39% 63.33%

HOUSING 1-mi. 3-mi. 5-mi.2015 Housing Units 12,914 83,445 201,5712015 Occupied Housing Units 12,300 80,143 193,9382015 Owner Occupied Housing Units 3,729 36,190 95,6942015 Renter Occupied Housing Units 8,571 43,953 98,2442015 Vacant Housings Units 614 3,299 7,637% 2015 Occupied Housing Units 95.25% 96.04% 96.21%% 2015 Owner occupied housing units 30.32% 45.16% 49.34%% 2015 Renter occupied housing units 69.68% 54.84% 50.66%% 2000 Vacant housing units 4.75% 3.95% 3.79%

INCOME 1-mi. 3-mi. 5-mi.2015 Household Income: Median $70,816 $69,271 $63,2902015 Household Income: Average $99,538 $101,564 $92,7422015 Per Capita Income $53,085 $39,936 $32,662

DemographicsFor535SLakeAvenue,Pasadena,CA91101


535 SOUTH LAKE AVEPASADENA, CA FORMER RESTAURANT \ RETAIL OPPORTUNITY

RETAILSALESVOLUME 1-mi. 3-mi. 5-mi.2015 Childrens/Infants clothing stores $4,097,087 $23,907,941 $56,427,8872015 Jewelry stores $1,612,793 $9,383,309 $21,564,8202015 Mens clothing stores $4,937,530 $28,915,092 $67,855,0242015 Shoe stores $4,942,796 $29,160,179 $68,579,2182015 Womens clothing stores $8,294,755 $49,082,780 $115,062,1362015 Automobile dealers $65,320,193 $386,525,345 $901,218,9352015 Automotive parts and accessories stores $12,355,628 $73,620,247 $173,209,2312015 Other motor vehicle dealers $1,600,448 $9,727,680 $23,207,4162015 Tire dealers $5,529,662 $32,856,215 $77,238,3052015 Hardware stores $262,217 $1,576,607 $3,699,0252015 Home centers $2,616,043 $15,905,495 $37,073,9872015 Nursery and garden centers $3,227,112 $19,823,548 $45,746,1672015 Outdoor power equipment stores $1,367,219 $8,345,865 $19,687,1022015 Paint andwallpaper stores $290,547 $1,742,517 $4,127,4732015 Appliance, television, and other electronics stores $8,658,188 $51,625,227 $120,562,9302015 Camera andphotographic supplies stores $703,519 $4,121,352 $9,504,1882015 Computer andsoftware stores $23,216,574 $136,310,848 $321,199,9722015 Beer, wine, and liquor stores $4,217,702 $24,778,797 $57,780,0752015 Convenience stores $18,574,076 $108,126,925 $253,886,4632015 Restaurant Expenditures $17,238,527 $102,539,696 $239,796,0002015 Supermarkets and other grocery (except convenience) stores$65,089,933 $385,887,566 $913,182,8482015 Furniture stores $6,317,293 $37,325,747 $86,670,1072015 Home furnishings stores $20,922,853 $125,291,957 $294,234,3162015 General merchandise stores $111,650,648 $667,516,469 $1,560,782,5562015 Gasoline stations with convenience stores $56,342,094 $331,981,745 $783,654,6392015 Other gasoline stations $39,925,270 $236,445,126 $559,549,6892015 Department stores (excl leased depts) $110,037,855 $658,133,160 $1,539,217,7362015 General merchandise stores $111,650,648 $667,516,469 $1,560,782,5562015 Other health and personal care stores $4,395,203 $26,144,074 $60,997,9342015 Pharmacies and drug stores $16,886,635 $101,279,290 $238,720,7402015 Pet and pet supplies stores $4,503,848 $26,819,224 $63,385,6392015 Book, periodical, and music stores $750,099 $4,434,761 $10,236,8902015 Hobby, toy, and game stores $2,005,999 $11,747,914 $27,613,7352015 Musical instrument and supplies stores $225,807 $1,314,773 $3,012,9022015 Sewing, needlework, and piece goods stores $370,559 $2,199,105 $5,203,8682015 Sporting goods stores $2,087,770 $12,181,234 $28,099,753

DemographicsFor535SLakeAvenue,Pasadena,CA91101

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