800 Colorado BlvdPasadena, CA 91101

  • Office properties
  • 217,839 SF
For Lease
$39/SF/YR View listing

Property Details for 800 Colorado Blvd

Year built
1989
Construction
STEEL FRAME
Lot size
0.81 AC
Property size (Sq ft)
217,839 SF
Zone code
PSC-
Property type
Office properties
Property subtype
Office buildings
APN
5734-013-025
APU
5734013025

Description

This exceptional sublease opportunity presents two available office suites within the prestigious Pasadena Towers I, located at 800 E Colorado Blvd, Pasadena, CA 91101. The building boasts 18,397 square feet and offers multiple suites, with available spaces ranging from approximately 6,070 to 9,824 contiguous square feet. The property is a LEED® Platinum certified and ENERGY STAR® highly rated Class A building featuring state-of-the-art amenities and architectural elements. Enjoy a newly landscaped plaza with fountains and outdoor workspaces, creating a refreshing atmosphere. Pasadena Towers I has also earned WELL Certification, prioritizing health and wellbeing. The building offers convenient access to freeways (210, 110, and 134), numerous dining options, banks, and retail establishments. Building amenities include 24-hour access, on-site property management, a conferencing facility, car charging stations, air conditioning, and touchless technology. One suite, approximately 9,824 square feet, is available through April 30, 2031, with a starting rate of $3.25 per square foot per month. The building's prime location offers spectacular views of the Rose Parade route. This is a health-conscious environment designed to foster collaboration and productivity in versatile workspaces. The building prioritizes tenant well-being and offers a community-focused atmosphere.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $58,371,876
    6.5%
    $53,881,732
    7%
    $50,033,036
  • Comparable approach

    Method
    Valuation
    Relative Method
    $41,251,784
    Geo Method
    $41,424,264
  • Alternative Use

    Use
    Valuation
    Residential
    $66,813,348
    Hospitality
    $61,200,668
    Educational
    $50,918,236
    Medical
    $52,669,392
    Retail
    $79,206,144
800 Colorado Blvd, Pasadena, California

Location Insight

City
Pasadena
County
Los Angeles
State
California
Latitude
34.1456
Longitude
-118.133
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,471,656
$8,240,157
$121,861,532
$130,101,689
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