Pasadena Flex Portfolio

89-91 N San Gabriel Blvd and 2670-74 Walnut Street are located in east Pasadena. Situated directly at the intersection of San Gabriel Boulevard and Walnut Street. There is ease of access, prominent signage, and strong local demographics. The area is also near the 210 Freeways. Over 25,000+ vehicles passing per day. The City of Pasadena has positioned itself as a regional hub for life sciences and deep tech, supported by institutions like Caltech and the Jet Propulsion Laboratory. It has a robust ecosystem for technology, research and development, and life sciences. Pasadena's city vision is to combine world class events, science and technology, arts and culture, history and architecture with great neighborhoods and opportunities for all. Pasadena has a population of 137,000 people with an average annual household income of over $103K.NAI Capital, as exclusive advisors to ownership, is pleased to present fee simple ownership in this multi-tenant flex/industrial campus for sale in the City of Pasadena. The properties close proximity to the California Institiute of Technology (Caltech) has proven to be an ideal creative campus for research, development, and life sciences uses. This offering consists of 3 buildings, totaling 31,619 square feet and 1.03 acres of land. There is significant demand and low supply for creative industrial spaces within the Pasadena submarket. 89-91 N San Gabriel Blvd offers 11,020 SF of industrial / flex space ready for immediate occupancy. This building is perfect for R&D, light manufacturing, service, and warehousing. It is equipped with polished concrete floors, exposed ceiling (21’ clearance), 3,400 square feet of office space, 3x ground level loading doors, 20" clear height, 400A Power, 3x Marathon Paint Finishing Booths, 1x Despatch Oven, hanging electrical + air supply lines, and is HVAC equipped throughout. A complete roof replacement was also done in 2020. This space was formerly occupied by Materia Inc. 2670-74 Walnut St. consists of 20,599 square feet of fully leased creative research and development space. The tenant leases expire in 2026, 2026, and 2028 respectively, with options to extend. One roof replaced in 2016 and the other re-coated in 2021. The current tenants are Glassimetal technologies, Scaled Science Partners, and Fluid Efficiency.