Pegasus Asset Management is pleased to present the opportunity to lease retail space at Townsend Crossing in Los Angeles, California. This prime leasing opportunity is situated centrally within the highly desirable northeast Los Angeles submarket of Eagle Rock. Various footprints abound for retail shop space at the property, which sits at the corner of Townsend Ave and Colorado Blvd. Minutes away is Occidental College, with approximately 2,000 students enrolled.
The 1920s-vintage building features charming, historic character with glass block accents. Take advantage of direct frontage to Colorado Blvd, one of the primary retail thoroughfares within Eagle Rock, with traffic counts of 32,000 vehicles passing daily. Neighbors in the corridor include Trader Joe’s across the street, Casa Bianca Pizza Pie, Colorado Donuts, Little Beast, Oinkster, Spitz Mediterranean, and Milkfarm. The property offers nearby access to CA-134 freeway within 5 minutes and CA-2 within 7 minutes. Downtown Los Angeles can be reached within 20 minutes and Burbank is only 15 minutes away. Join this eclectic and attractive pocket of Northeast Los Angeles while the opportunity lasts!