120,435 SF Office Space Available
2940 E. Foothill Blvd., Pasadena, CA 91121
Marketing description
Located on 4 acres, 2940 East Foothill Boulevard offers investors an excellent value-add opportunity adjacent to new retail with the ability to reposition some or all of the existing site improvements. This transit-oriented property, with easy access to the 210 Freeway as well as the Sierra Madre Villa Gold Line Metro Station, has excellent visibility along the highly travelled Foothill Boulevard.
Investment highlights
Currently developed with an 120,435 SF office facility that may be repurposed and incorporated into future redevelopment plans.
The property is currently vacant and provides the opportunity to capitalize on substantial near-term upside.
Located in the East Foothill Industrial District under the East Pasadena Specific Plan, aimed at providing and expanding employment opportunities within the City and transit- oriented development near the Sierra Madre Villa Metro Station, just ½ mile from the Site.
Currently zoned EPSP-d1-IG permitting a variety of commercial, office, retail and industrial uses.
Site currently has a 0.90 FAR and 45-foot height limit.
Recently revised General Plan encourages the expansion of mixed-use office and commercial development.
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