595 Colorado_Propriété à vendre
595 Colorado_Propriété à vendre

595 Colorado

595 East Colorado Boulevard, Pasadena, CA, 91101, US

Descriptif

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the rare opportunity to acquire the fee simple interest in 595 E Colorado Boulevard (the “Property”), a 101,536 square foot historic mixed-use asset located in the heart of the Playhouse Village District of Pasadena. Currently 100% leased with a 6.7-year WALT, the Property represents one of the most stable office investments in the Pasadena market.

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Attributs

Superficie du bâtiment nette
9 433 mètres carrés
Occupation
100 %
Année de construction
1927

Média

Points forts de l'investissement

Rare Historic Asset with Institutional Stability

  1. 100% leased mixed-use building with 6.7-year WALT and 91% average office historical occupancy over the last 10 years, significantly outperforming the Pasadena competitive set


Credit Secured Rent Roll

  1. Nearly half of rental income secured by investment-grade credit or letters of credit, providing downside protection typically reserved for institutional-quality assets.


Anchor Tenant with Long-Term Commitment

  1. Robbins Brothers, a Pasadena-based jeweler for over 70 years, recently signed a new long-term lease for a substantial portion of the property.


Strong Cash Flow Return Profile

  1. The office tenants have demonstrated strong historic retention with an average of $1.60/SF on renewal TI’s over the last eight years.


Prime Pasadena Location

  1. Colorado Boulevard frontage with Walk Score of 96 in the heart of the Playhouse Village District of Pasadena, the submarket’s most desirable commercial corridor with superior tenant retention and limited historic supply.
595 Colorado 4_Propriété à vendre
595 Colorado 4_Propriété à vendre

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595 Colorado (0 Propriétés)

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Dernière mise à jour
19 mai 2026