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Restaurant For Lease
Pegasus Asset Management Inc. is pleased to present the opportunity to lease a former gas & service station retail property located at 2012 N Lake Ave in Altadena, California. The property offers a unique adaptive reuse opportunity at a hard-corner location. Situated on a ± 8,000 SF lot with two existing structures on the parcel (± 500 SF & ± 1,100 SF), the open space allows for the potential transformation to an exciting single- or multi-tenant configuration with a unique outdoor patio. Located north of Old Town Pasadena, the property resides in a charming historic neighborhood, set against the beautiful San Gabriel Mountains. N Lake Ave is the primary retail thoroughfare through Altadena, offering direct access to and from the I-210 freeway.
| ± 500 SF + 1,100 SF Former Gas Station - Unique Adaptive Reuse Opportunity |
| ± 8,000 SF Parcel with Potential for Ample Patio Space |
| Exceptional Surrounding Demographics - Average Household Income of $133,925 within 5-Mile Radius |
| Old Town Pasadena, Jet Propulsion Laboratory & The Rose Bowl Each within 10 Minutes of the Property |
| Great Visibility with Ample Signage Opportunities - 20,000 Vehicles Daily |
| Previously Utilized for Major Motion Picture Filming Including the 2007 Transformers Movie |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Bob Hope | 28 min | - | 19.2 mi |
| Long Beach (Daugherty Field) | 48 min | - | 30.5 mi |
| Los Angeles International | 46 min | - | 31.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
