Lieberg Bldg 911 E Colorado Blvd

NAI Capital Commercial, as exclusive advisor, is pleased to present the opportunity for an owner-user / investor to acquire the fee simple interest in 911 E. Colorado Blvd., Pasadena, CA 91106, a freestanding ±24,956 rentable square foot, 3 story, commercial building located at one parcel east of the NEC of Colorado Blvd. and Lake Avenue, the highest traffic count intersection in Pasadena.
This Playhouse District landmark building has available to an owner-user ±12,892 RSF on the 2nd and 3rd floors plus ±6,680 RSF of Lower Level offices and storage areas. Included in the ±12,892 RSF on the 2nd and 3rd floors is a ±3,385 SF 2nd floor office tenant with a lease to 3/31/2027 that can be cancelled with a 90 day notice for an owner-user or can continue as a tenant. The 5,284 RSF Ground Floor is leased to LifeSource Water Systems through 06/30/2030 with a 5 year option at FMV, allowing an owner-user to purchase the property and mitigate their occupancy costs through collection of rent as well as appreciation and tax benefits.