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150 N. San Gabriel Blvd., Unit #300 Pasadena | CA 91107-3426

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150 N. San Gabriel Blvd., Unit #300 Pasadena | CA 91107-3426 Lease Opportunity Offering Memorandum 150 N. San Gabriel Blvd., Unit #300 Pasadena | CA 91107-3426 Executive Advisors Bill Ukropina Sr. Executive Vice President +1 818 334 1888 [email protected] CalBre Lic. No. 00820557 Leonard Shonka Senior Associate +1 818 334 1870 [email protected] CalBre Lic. No. 01937364 Colliers International 701 North Brand Boulevard | Suite 800 Glendale, CA 91203-3279 +1 818 334 1900 1+ 818 334 1876 www.colliers.com Lic. No. 01908231 150 N. San Gabriel Blvd., #300 Pasadena | CA 91107-3426 N San Gabriel Blvd E Walnut St Table of Contents Contents Table of Contents 1 Executive Summary 3 Property Overview 4 Property Details 5 Traffic Counts Demo& 6 Location Overview 7 Amenities Map 9 Property Photographs 10 Regional Map 11 Site Plans 12 Floor Plans 13 This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019. All rights reserved. 150 N. San Gabriel Blvd., Unit #300 | Pasadena | CA 91107-3426 COLLIERS INTERNATIONAL | P. 1 2 Executive Summary Executive Summary Colliers International’s exclusive advisor to the lessor, Bill Ukropina and Leonard Shonka are pleased to present this Offering Memorandum for lease of the property located at 150 North San Gabriel Bouleavard, Unit #300 in Pasadena, California. The single- story building totaling ±5,100 square feet presents an exceptional value-add investment opportunity for an Industrial Company to lease the property in one of the strongest residential and business rental markets in Southern California. Investment Highlights • ±5,100 SF Unit #300 Available • Industrial R&D Layout • Lots of Electrical Power • 12x15 Grade Level Roll-up Door • Lots of Data and Power Outlets 150 N. San Gabriel Blvd., Unit #300 | Pasadena | CA 91107-3426 COLLIERS INTERNATIONAL | P. 3 Property Overview Property Highlights The property is located in a high traffic busy signalized Common Area Amenities corner, crosses Walnut Street, inside an industrial strip • Signalized Corner style business center, joined with the following tenants; Eye Care for Animals, Animal Dermatology Clinic and Advanced • Abundant Parking Area Veterinary Dentistry. • Signage at Cross Street and Building Unit • Minimal, Low-Cost Landscaping Located just south of I-210 Foothill Fwy, with easy acess to • High Visibility on Corner Lot San Gabriel Boulevard entrance/exit. The area consists of Industrial and retail businesses. A residentail community is located just north of I-210 Foothill Fwy and a mile South of Unit Amenities subject property. • ±5,000 SF • Plenty of Electrical Power • Industrial/R&D Layout • 12x15 Grade Level Roll-up Door • Lots of Data and Power Outlets ±5,100 SF of rentable space on busy corner property 150 N. San Gabriel Blvd., Unit #300 | Pasadena | CA 91107-3426 COLLIERS INTERNATIONAL | P. 4 Property Details 1 The Offering 3 Utilities Property For Lease Water Mastered Metered Lease Rate $2.35 NNN Phone Individually Metered Property Address 150 N San Gabriel Blvd., Pasadena Electric Individually Metered APN 5748-002-031 Gas Individually Metered Zoning 4 Construction 2 Site Description Foundation Concrete Slab Property Type Commercial / Industrial Framing Wood Number of Buildings 1 Exterior Stucco Unit / Space Number 300 Year Built/Renovated 1978 5 Mechanical Rentable Square Feet ±5,100 SF AC Central Lot Size ±21,790 SF Framing Electrical Parking Abundant Loading Dock 12x15 Grade Level Roll-up Door Potential immediate flex use Commercial, Industial, Retail R&D or Office Space. 150 N. San Gabriel Blvd., Unit #300 | Pasadena | CA 91107-3426 COLLIERS INTERNATIONAL | P. 5 Traffic Counts Demo& TRAFFIC COUNTS Source CoStar® DEMOGRAPHICS Source CoStar® Street Cross Street Year Volume POPULATION 1 MILE 3 MILE 5 MILE N San Gabriel Blvd E Foothill Blvd 2018 23,559 2024 Projection 19,273 175,636 467,745 E Colorado Blvd S Vinedo Ave 2018 18,704 2019 Estimate 18,953 174,105 462,334 N San Gabriel Blvd E Walnut St 2018 17,485 2010 Census 17,843 171,449 448,116 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE 2018 Avg HH Income $108,134 $113,582 $105,401 2018 Med HH Income $82,603 $86,671 $78,275 2018 Avg Household Size 2.40 2.50 2.70 150 N. San Gabriel Blvd., #300 HOME VALUE 1 MILE 3 MILE 5 MILE Pasadena | CA 91107-3426 2018 Median Home Value $774,551 $854,832 $811,946 23,559 N San Gabriel Blvd E Colorado Blvd E Foothill Blvd How Loud® 17,485 www.howloud.com Soundscore Busy Busy traffic and Local 65 Sources. Calm airports. E Walnut St Walk Score® www.walkscore.com Walk Score Very Walkable Bikeable Very Bikeable Most errands can be Flat as a pancake, 75 accomplished on foot. 73 good bike lanes. 18,704 S Vinedo Ave 150 N. San Gabriel Blvd., Unit #300 | Pasadena | CA 91107-3426 COLLIERS INTERNATIONAL | P. 6 Location Overview PASADENA EMPLOYMENT Pasadena is a city in California, located 10 miles (16 kilometers) Pasadena is attractive to many Fortune 500 companies and small firms for its ability to create a pro-business environment with a high quality labor base. The northeast of downtown Los Angeles. In the center, Old Pasadena is city’s depth of technology related institutions and world-class universities create a shopping and dining district known for its Victorian and art deco an atmosphere where extraordinary minds unite to build successful companies buildings. The strikingly modern Norton Simon Museum houses large and small. Often, these companies are spin-offs from the region’s larger notable European and Asian art, plus a sculpture garden. The Rose organizations (Parsons, Jacobs Engineering and Avery Dennison). Since 1998, over 100 start-up companies have been launched from Caltech, JPL and Art Bowl is a sports stadium known for hosting the Rose Bowl Game, an Center. The city’s top employers are NASA Jet Propulsion Laboratory, with over annual college football clash usually held on January 1. The estimated 5,000 employees; Kaiser Permanente, with over 4,700 employees; and Huntington population of Pasadena was 142,647 in 2017, making it the 183rd- Hospital, with over 3,300 employees. largest city in the United States. Pasadena is the ninth-largest city in Los Angeles County. Location Highlights Rated “Very Walkable” 30 Min Away from by Walk Score Major Downtown L.A. Immediate Access to I-210 Foothill Fwy Countless Amenities in Nearby Downtown Pasadena Nearby Many Public Transportation Options 150 N. San Gabriel Blvd., Unit #300 | Pasadena | CA 91107-3426 COLLIERS INTERNATIONAL | P. 7 Downtown Los Angeles Downtown Los Angeles, the central business district and geographical Submarket Housing Trends center of the second biggest city in the nation, is an increasingly vibrant and diverse market. The 5.84-square-mile area is typically broken down into more than a dozen smaller districts, including the Arts District, Bunker Hill, the Fashion District, Gallery Row, the Historic Core, Little Tokyo and South Park. Bounded on all sides by freeways that offer immediate access to the larger region, Downtown Los Angeles is also home to the hub for the city’s burgeoning Metro rapid transit system. MULTIFAMILY MARKET Though its appeal has historically ebbed and flowed with the times, average rental growth of 3.29% Downtown Los Angeles is undergoing a renaissance like never before, over the last year sparking unprecedented growth and sustained optimism about the area. It has long been home to a stable base of professional services firms that have buoyed its daytime population, though was once considered a ghost town after business hours. Now, in addition to a workday population upwards of half a million people, the area has lately drawn thousands of new residents, hundreds of new retailers and dozens of new companies that now call the 5.84-square-mile market home. In fact, the Downtown Center Business Improvement District, which covers RENTER OCCUPIED % only a portion of the total geography that makes up what is considered more than 76.55 of units within a radius of property Downtown Los Angeles, counts more than 65,000 residents in the area, 1 mile a number that has tripled over the last two decades and is expected to double again in the next decade. Residents and employees in Downtown Los Angeles are, by and large, young, educated and financially stable. Four out of five residents, with a median age of 38, hold a four-year degree or higher and boast a median income of $98,900 a year. Employees in the area, with a median POPULATION GROWTH age of 39, exhibit similar levels of accomplishment, with 76% of them within a 1 mile radius is expected holding a four-year degree or higher and a median income of $97,800. to reach 2.05% by 2024 Taken together, the demographics of the areas resident and employee population base make for an attractive economic environment. 150 N. San Gabriel Blvd., Unit #300 | Pasadena | CA 91107-3426 COLLIERS INTERNATIONAL | P. 8 Amenities Map E Foothill Blvd N San Gabriel Blvd Gabriel San N SITE E Walnut St E Colorado Blvd 150 N. San Gabriel Blvd., Unit #300 | Pasadena | CA 91107-3426 COLLIERS INTERNATIONAL | P. 9 Property Photographs 150 N. San Gabriel Blvd., Unit #300 | Pasadena | CA 91107-3426 COLLIERS INTERNATIONAL | P.
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