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217-277 S Lake St

64,413 SF 100% Leased 4-Star Flex Building Burbank, CA 91502 For Sale

Flex Space California Burbank 217-277 S Lake St, Burbank, CA 91502

Investment Highlights

  • Single Tenant NNN Leased State of the Art production/post production facility in the “Media Capital of th
  • Easy Accessibility to Burbank, Hollywood, and the broader Los Angeles area
  • Bullet-proof, 40GB, fiber-based, LAN network Allows Roundabout to provide secure on-site data storage at a fraction of typical data storage rates
  • Easy Access to Interstate 5 , HWY 101 and 134
  • Walking Distance to Burbank MetroLink
  • 78 packages AC Units equaling over 400 tons Some individual room size (3 tons), in addition to larger Central Units, zoned for individual temperature-

Executive Summary

217-277 Lake Street - Owned and operated since 2013 by the Seller, Roundabout Entertainment, the opportunity is recognized as among the best post production facilities of its kind in the world. The property is 100% occupied by Roundabout Entertainment, an industry leading post production company. The building contains a total square footage of ± 64,413 SF and sits on two land parcels spanning ± 3.08 Acres. The project is an MPAA approved facility, containing multiple ATMOS stages, screening theaters, ADR, Foley, color grading and edit bays. The Property will be delivered fully leased to Roundabout Entertainment pursuant to a new ten-year, Triple Net Lease.
Property Website: www.lakestreetinvestment.com
Roundabout Entertainment Website: www.lakestreetinvestment.com
Property Video Link: https://www.youtube.com/watch?v=p4Peyb485dc

Attachments

Offering Memorandum

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Sale Type Investment NNN Rentable Building Area 64,413 SF
Property Type Flex No. Stories 1
Property Subtype
Light Manufacturing
  • Industrial Warehouse
  • Office Industrial Live Work Unit
 Year Built/Renovated 1960/2012
Building Class A Parking Ratio 2.78/1,000 SF
Lot Size 3.08 AC Clear Ceiling Height 14 FT
Sale Type Investment NNN
Property Type Flex
Property Subtype
Light Manufacturing
  • Industrial Warehouse
  • Office Industrial Live Work Unit
Building Class A
Lot Size 3.08 AC
Rentable Building Area 64,413 SF
No. Stories 1
Year Built/Renovated 1960/2012
Parking Ratio 2.78/1,000 SF
Clear Ceiling Height 14 FT

Amenities

  • Conferencing Facility
  • Courtyard
  • Fenced Lot
  • Reception
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Arts, Entertainment, and Recreation
  • 64,413 SF
  • $3.15
  • Triple Net
  • -

Since 1992, Roundabout Entertainment has provided the industry’s Studios, Independent Filmmakers, Television and Distribution leaders with workflow insight and advanced technology start to finish. Roundabout has grown quickly and has become a dominating force in the post production industry. We invest in the latest technology, the securest servers, and a bullet-proof, 40GB, fiber-based, LAN network. We also have more than 130 of the best, most dedicated post-production operators in the business. Roundabout has produced a remarkable amount of dynamic projects with partnerships, lending its expertise from pre-production to post production. Roundabout’s 4K infrastructure and customized pipeline for each project allows us to innovate with content creators and bring images to life with both sound and picture finishing.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Arts, Entertainment, and Recreation 64,413 SF $3.15 Triple Net -

Links

1 of 1
Walk Score ®
Very Walkable (77)
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What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2451-016-027
  • 2451-016-023
  • 2451-016-026
  • 2451-016-025
  • 2451-016-022
  • 2451-016-024
  • 2451-016-021
 Improvements Assessment $11,808,638
Land Assessment $11,738,096 Total Assessment $23,546,734

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2451-016-027
  • 2451-016-023
  • 2451-016-026
  • 2451-016-025
  • 2451-016-022
  • 2451-016-024
  • 2451-016-021
Land Assessment
$11,738,096
Improvements Assessment
$11,808,638
Total Assessment
$23,546,734

zoning

Zoning Code M2, Burbank
M2, Burbank
(818) 858-1820

Contacts

  • Listing ID: 32493204

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 217-277 S Lake St, Burbank, CA 91502

More public record information on 217-277 S Lake St, Burbank, CA 91502

The Flex Property at 217-277 S Lake St, Burbank, CA 91502 is currently available for sale. Contact Avison Young for more information.

Flex PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/14
217-277 S Lake St, Burbank, CA for sale Building Photo- Image 1 of 14
Exterior
217-277 S Lake St, Burbank, CA for sale Building Photo- Image 2 of 14
Building Aerial
217-277 S Lake St, Burbank, CA for sale Interior Photo- Image 3 of 14
Waiting Room
217-277 S Lake St, Burbank, CA for sale Interior Photo- Image 4 of 14
Bar
217-277 S Lake St, Burbank, CA for sale Interior Photo- Image 5 of 14
ATMOS Stage
217-277 S Lake St, Burbank, CA for sale Interior Photo- Image 6 of 14
Recording
217-277 S Lake St, Burbank, CA for sale Interior Photo- Image 7 of 14
ATMOS Stage
217-277 S Lake St, Burbank, CA for sale Interior Photo- Image 8 of 14
Edit Bays
217-277 S Lake St, Burbank, CA for sale Interior Photo- Image 9 of 14
Screaning Room
217-277 S Lake St, Burbank, CA for sale Interior Photo- Image 10 of 14
Bar
217-277 S Lake St, Burbank, CA for sale Interior Photo- Image 11 of 14
ADR
217-277 S Lake St, Burbank, CA for sale Interior Photo- Image 12 of 14
ADR
217-277 S Lake St, Burbank, CA for sale Interior Photo- Image 13 of 14
ATMOS

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217-277 S Lake St
(818) 858-1820 x

217-277 S Lake St

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Christopher Baer

(818) 858-1820

(818) 858-1820

Christopher Bonbright

(310) 999-1117

(310) 999-1117

Fischer Cabot

(818) 438-6115

(818) 438-6115

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