1022-1024 W Burbank Blvd
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1022-1024 W Burbank Blvd
7,315 SF Retail Building Burbank, CA 91506 $3,350,000 ($458/SF)
Investment Highlights
- convenient transition access to Freeways 134, 170, 2, 110, 118, and 210
- Close proximity to Disney’s Glendale Grand Central Creative Campus, and ABC7 Television West Coast Flagship Network.
- Just a mile away from Downtown Burbank
- Wide street frontage lending great street presence and visibility
Executive Summary
4-building property consisting of street-front retail (3,150 SF at 1022 address, rented at $5,500/MO, MG) plus three auxiliary structures (1,954 SF & 1,356 SF & 855 SF, total of 4,165 SF at 1024 address, rented at $6,841/MO, MG), lending itself for a variety of flexi/combination uses, on a 180-foot West Burbank Boulevard frontage, across from Costco. Property delivered to owner-user purchaser with month-to-month tenancy(ies) and/or partially vacant.
Strategically positioned across from high-sales-volume Costco Burbank; just half a mile from under-construction $375M 777 Front Street mixed use development, the 900,000 SF Empire Center shopping complex, and the newly modernized and reconfigured I-5 Burbank freeway ramps now with more dynamic traffic flow and capacity; convenient transition access to Freeways 134, 170, 2, 110, 118, and 210; just a mile away from Downtown Burbank; with wide street frontage lending great street presence and visibility; close proximity to Disney’s Glendale Grand Central Creative Campus, and ABC7 Television West Coast Flagship Network.
Strategically positioned across from high-sales-volume Costco Burbank; just half a mile from under-construction $375M 777 Front Street mixed use development, the 900,000 SF Empire Center shopping complex, and the newly modernized and reconfigured I-5 Burbank freeway ramps now with more dynamic traffic flow and capacity; convenient transition access to Freeways 134, 170, 2, 110, 118, and 210; just a mile away from Downtown Burbank; with wide street frontage lending great street presence and visibility; close proximity to Disney’s Glendale Grand Central Creative Campus, and ABC7 Television West Coast Flagship Network.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,315 SF
Building Class
C
Year Built/Renovated
1949/1954
Price
$3,350,000
Price Per SF
$458
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Land Acres
0.40 AC
Zoning
C4M2
Parking
10 Spaces (1.37 Spaces per 1,000 SF Leased)
Frontage
155 FT on W Burbank Blvd
Amenities
- Bus Line
Walk Score ®
Very Walkable (80)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 2449-011-017 | Improvements Assessment | $519,991 |
Land Assessment | $1,857,114 | Total Assessment | $2,377,105 |
PROPERTY TAXES
Parcel Number
2449-011-017
Land Assessment
$1,857,114
Improvements Assessment
$519,991
Total Assessment
$2,377,105
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1022-1024 W Burbank Blvd
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