Pasadena, CA Commercial Real Estate for Lease and Sale

Explore 178 listings of Pasadena commercial real estate to find the best space for your business.

Medical Office for Lease- Central Pasadena

959 E. Walnut St., South Lake, Pasadena, CA
Property

Office

35,519 SF
Availability

2 Spaces

2,590 SF
Year Built

1977
For Lease Contact for pricing
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1278 East Colorado Blvd

1278 East Colorado Blvd, South Lake, Pasadena, CA
Property

Retail

41,615 SF
Availability

2 Spaces

1,765 SF
Year Built

1954
For Lease

$2.45 - $2.50/SF/YR
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11,351 SF Industrial Building on 20,473 SF of land

673 S Raymond Ave, Raymond Hill, Pasadena, CA
Property

Other

11,351 SF
Year Built

1962
For Sale

$4,000,000
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686 E Union St, Pasadena, CA, 91101

686 E Union St, Playhouse District, Pasadena, CA
Property

Retail

133,502 SF
Availability

3 Spaces

4,590 SF
Year Built

2015
For Lease Contact for pricing
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Land
10 West

10 West Walnut St., Old Town Pasadena, Pasadena, CA
Property

Office

1,500,000 SF
Availability

5 Spaces

125,305 SF
For Lease

$5.25/SF/YR
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1167-1169 S Fair Oaks Ave

1167 S Fair Oaks Ave, Raymond Hill, Pasadena, CA
Property

Retail

10,091 SF
Availability

1 Space

1,709 SF
Year Built

1925
For Lease

$4.22/SF/MO
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35 North Lake Avenue
Barrister Executive Suites
35 North Lake Avenue, Pasadena, CA
Services

Virtual Office

Meeting Room

Private Office

Dedicated Desk
Amenities

24/7 security

Cleaning services

Fitness center

High-speed internet

High-speed wifi

Kitchen

Lounge area

Mail services

Photocopier

Printer
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423 Garfield Avenue

423 Garfield Avenue, Garfield Heights, Pasadena, CA
Property

Multi-Family

9,272 SF
For Sale

$3,100,000
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3425 E Colorado Blvd

3425 E Colorado Blvd, Lamanda Park, Pasadena, CA
Property

Retail

4,170 SF
Availability

1 Space

4,170 SF
For Lease Contact for pricing
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66 N Fair Oaks Ave

66 N Fair Oaks Ave, Old Town Pasadena, Pasadena, CA
Property

Retail

1,752 SF
Availability

1 Space

1,752 SF
For Lease

$3.50/SF/MO
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686 E Union St, Pasadena, CA, 91101

686 E Union St, Playhouse District, Pasadena, CA
Property

Retail

133,502 SF
Availability

3 Spaces

4,590 SF
Year Built

2015
For Lease Contact for pricing
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For Lease - Prime Headquarters Opportunity in Pasadena - 3465 E Foothill Blvd

3465 E Foothill Boulevard, Daisy - Villa, Pasadena, CA
Property

Office
Availability

1 Space

93,701 SF
Year Built

1965
For Lease Contact for pricing
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1199 E Walnut Street

1199 E Walnut St, South Lake, Pasadena, CA
Property

Office

3,942 SF
Availability

1 Space

1,779 SF
Year Built

1940
For Lease

$3.15/SF/MO
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65 N Raymond Avenue

65 N RAYMOND AVE, Old Town Pasadena, Pasadena, CA
Property

Office

42,624 SF
Availability

1 Space

13,496 SF
For Lease

$2.95/SF/MO
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55 Waverly Dr

55 Waverly Dr, Raymond Hill, Pasadena, CA
Property

Office

13,880 SF
For Sale

$5,500,000
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14 North Fair Oaks Avenue

14 North Fair Oaks Avenue, Old Town Pasadena, Pasadena, CA
Property

Retail

25,564 SF
Availability

1 Space

2,416 SF
Year Built

1905
For Lease

$2.95/SF/MO
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45 E Union St

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

Office

11,430 SF
Availability

1 Space

1,582 SF
Year Built

1905
For Lease

$2.25/SF/MO
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750 East Green Street

750 East Green Street, Playhouse District, Pasadena, CA
Property

Office

45,952 SF
Availability

1 Space

150 SF
Year Built

1956
For Lease

$599.00/MO
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The Encore Apartments

712 East Walnut Street, Playhouse District, Pasadena, CA
Property

Retail

35,093 SF
Availability

1 Space

1,500 SF
Year Built

2004
For Lease Contact for pricing
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56 S Raymond Ave, Pasadena, CA, 91105

56 S Raymond Ave, Old Town Pasadena, Pasadena, CA
Property

Retail

19,125 SF
Availability

1 Space

1,727 SF
Year Built

1908
For Lease Contact for pricing
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202 S. Lake Avenue

202 S. LAKE AVENUE, South Lake, Pasadena, CA
Property

Office

3,337 SF
Availability

1 Space

1,720 SF
For Lease

$3.25/SF/MO
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132 E Colorado Blvd

132 E Colorado Blvd, Old Town Pasadena, Pasadena, CA
Property

Retail

12,200 SF
Availability

1 Space

12,200 SF
Year Built

1952
For Lease

$2.22/SF/MO
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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 10,899,632 square feet of office space across 114 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 2,023,374 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 177,016 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 2,378,520 square feet of available listings. Industrial space available in Pasadena adds up to 234,683 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 $39.06 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 Old Town Pasadena 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 $48 per square foot. In particular, the property type commanding the highest lease rates in Pasadena was Office space.

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 111,221 square feet.
Retail properties here incorporate an average of 57,811 square feet.
Industrial space in Pasadena is in buildings that are, on average 29,503 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 2,879,034 square feet. The market offers 104 active office listing(s), which amount to 2,383,928 square feet and account for 65% of commercial spaces on the market. Local retail availability includes 215,344 square feet across 42 retail space(s). Industrial space for rent opportunities in Pasadena amount to 234,683 square feet across a total of 8 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	104	2,383,928
Retail	42	215,344
Industrial	8	234,683
Other	6	45,079

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 177,142 square feet of commercial property for sale here , which includes 9 office building(s) for sale , 2 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	9	91,683
Retail	2	10,555
Other	6	74,904

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, CA Commercial Real Estate for Lease and Sale

Medical Office for Lease- Central Pasadena

1278 East Colorado Blvd

11,351 SF Industrial Building on 20,473 SF of land

686 E Union St, Pasadena, CA, 91101

10 West

1167-1169 S Fair Oaks Ave

35 North Lake Avenue

423 Garfield Avenue

3425 E Colorado Blvd

66 N Fair Oaks Ave

686 E Union St, Pasadena, CA, 91101

For Lease - Prime Headquarters Opportunity in Pasadena - 3465 E Foothill Blvd

1199 E Walnut Street

65 N Raymond Avenue

55 Waverly Dr

14 North Fair Oaks Avenue

45 E Union St

750 East Green Street

The Encore Apartments

56 S Raymond Ave, Pasadena, CA, 91105

202 S. Lake Avenue

132 E Colorado Blvd

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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Pasadena, CA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Pasadena, CA?

What factors affect the price of commercial real estate in Pasadena, CA?

What is the average rent for commercial space in Pasadena, CA?

What are the best areas for commercial real estate in Pasadena, CA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Pasadena, CA?

Pasadena, CA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Pasadena, CA Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us