Pasadena, a city known for its rich cultural heritage, is an ideal location for a restaurant, offering a unique blend of history, education, and entertainment. With its prime location, 11 miles northeast of downtown Los Angeles, Pasadena attracts a diverse crowd of locals, students, and tourists. The city's infrastructure, including the Pasadena Water and Power Department, Glenarm Power Plant, and public transit systems, ensures a smooth operation of businesses. The presence of esteemed institutions like Caltech, Pasadena City College, and the Norton Simon Museum adds to the city's appeal, making it an attractive spot for restaurants. Pasadena's strong economy, driven by industries like retail, entertainment, and technology, also contributes to its viability as a restaurant location.
With 21 restaurants for lease in Pasadena, entrepreneurs have a wide range of options to choose from. Pasadena's restaurants benefit from the city's vibrant arts scene, which includes the Norton Simon Museum, Pacific Asia Museum, and Armory Center for the Arts. The city's annual events, such as the Tournament of Roses Parade and Rose Bowl Flea Market, draw in large crowds, providing a steady stream of customers. In addition to restaurants, Pasadena also offers a variety of other commercial properties, including retail space, commercial real estate, and flex space. Retail space is available in popular areas like Old Pasadena and Downtown, while commercial real estate options range from office buildings to industrial parks. Flex space, which combines office and industrial uses, is also available in various locations throughout the city. With its unique blend of culture, education, and entertainment, Pasadena is an ideal location for businesses of all types.
How are restaurant leases typically structured?
Restaurant leases in Pasadena are typically structured with an average annual rent of $34 USD per square foot, with an average size of 5,822 square feet. The maximum space size available for lease is 14,956 square feet, offering flexibility for restaurateurs to find the perfect fit for their business.
What kitchen equipment is usually included in restaurant leases?
When searching for a restaurant lease in Pasadena, you'll find that many listings, out of 21 available, typically include essential kitchen equipment such as commercial-grade refrigerators, ovens, stoves, dishwashers, and ventilation systems, which can greatly impact the average annual rent of $$34 USD per square foot for a space averaging 5,822 square feet, with some spaces reaching up to 14,956 square feet.
However, it's essential to review the lease agreement carefully, as the specific equipment included can vary greatly depending on the landlord, the age and condition of the property, and the type of cuisine being served, ensuring that you're prepared to negotiate and plan accordingly for your restaurant's unique needs in Pasadena's competitive dining scene.
