Pasadena, CA Commercial Real Estate for Lease and Sale

Explore 162 listings of Pasadena commercial real estate to find the best space for your business.

1978 E. Colorado Blvd.

1978 E. Colorado Blvd., Lamanda Park, Pasadena, CA
Property

Retail

9,390 SF
Availability

1 Space

9,390 SF
For Lease

$28,000.00/MO
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155 North Lake Avenue

155 North Lake Avenue, South Lake, Pasadena, CA
Property

Office

207,850 SF
Availability

5 Spaces

2,650 SF
Year Built

1983
For Lease Contact for pricing
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680 East Colorado Blvd

680 East Colorado Blvd, Playhouse District, Pasadena, CA
Property

Office

155,002 SF
Availability

5 Spaces

2,650 SF
Year Built

2015
For Lease Contact for pricing
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1155 E Green St

1155 E Green St, South Lake, Pasadena, CA
Property

Office

1,474 SF
Availability

1 Space

1,474 SF
Year Built

1921
For Lease

$2.75/SF/MO
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33 E Union St

33 E Union St, Old Town Pasadena, Pasadena, CA
Property

Retail

3,188 SF
Availability

1 Space

3,188 SF
For Lease

$3.50/SF/MO
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396 S Lake Ave

396 S Lake Ave, South Lake, Pasadena, CA
Property

Retail

8,250 SF
Availability

1 Space

8,250 SF
Year Built

1951
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Pasadena commercial real estate market incorporates 11,279,228 square feet of office space across 107 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Pasadena commercial real estate market includes 1,074,183 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Pasadena market, there is a total of 50,326 square feet of industrial property.
The listing inventory in Pasadena incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Pasadena is represented by Office space, which accounts for 2,568,032 square feet of available listings. Retail space available in Pasadena adds up to 172,149 square feet.

Meanwhile, most of the listings of commercial property for sale in Pasadena are in the Office category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
The average rent for commercial real estate space listed for lease in Pasadena is $38.75 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Pasadena can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Pasadena, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Pasadena is in the South Lake neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the South Lake area.

Meanwhile, retail space opportunities are most abundant in the Old Town Pasadena submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Lamanda Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $204 per square foot. In particular, the property type commanding the highest lease rates in Pasadena was Office space.

Conversely, the highest sale price last year was $10,000,000 that is located at 299 North Euclid Avenue.
The average size of a commercial property in Pasadena depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Pasadena, the average size of an office property is 118,729 square feet.
- Retail properties here incorporate an average of 44,758 square feet.
- Industrial space in Pasadena is in buildings that are, on average 16,776 square feet in size.

Pasadena, CA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Pasadena currently add up to 2,829,272 square feet. The market offers 100 active office listing(s), which amount to 2,568,032 square feet and account for 73% of commercial spaces on the market. Local retail availability includes 172,149 square feet across 30 retail space(s). Industrial space for rent opportunities in Pasadena amount to 72,183 square feet across a total of 4 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	100	2,568,032
Retail	30	172,149
Industrial	4	72,183
Other	2	16,908

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Pasadena, CA. Currently, there is 236,341 square feet of commercial property for sale here , which includes 7 office building(s) for sale , 4 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	7	80,017
Retail	4	31,838
Other	9	124,486

Pasadena, CA Commercial Real Estate Market Overview

Pasadena is a vibrant and diverse community northeast of Los Angeles. The City of Roses is known for its entertainment district — with art deco and Victorian buildings and top-notch shopping and dining — that runs a full 21 blocks. Numerous events throughout the year are kicked off by the annual Rose Bowl Game and accompanying parade. Pasadena is also a world-renowned academic center with faculty and alumni of the California Institute of Technology garnering 32 Nobel prizes.

Pasadena Commercial Real Estate Overview

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Pasadena, CA Commercial Real Estate for Lease and Sale

1978 E. Colorado Blvd.

155 North Lake Avenue

680 East Colorado Blvd

1155 E Green St

33 E Union St

396 S Lake Ave

Frequently Asked Questions

Pasadena, CA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Pasadena, CA Commercial Real Estate Market Overview

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