2320 w victory
BURBANK, CA 91506
PRICE
$1,475,000
BUILDING SIZE
885 SF
LOT SIZE
6,235 SF
CAP RATE
PRICE/SF (BLDG)
PRICE/SF
(LAND)
6.31%
$1,667
$223
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 2320 W Victory Boulevard, an 885 square foot single tenant fast food drive- through restaurant situated on 0.14 acres of land (6,235 SF) ideally located at the corner of Victory Boulevard and Brighton Street in the Burbank, CA.
2320 W Victory Blvd is 100% occupied by Habanero Mexican Grill, a fast casual drive through Mexican restaurant open daily. The tenant occupies the 885 square foot restaurant space on a three (3) year lease expiring 2/28/2026, approximately 1.38 years remaining.
The subject property is positioned centrally along W Victory Boulevard, a major east-west commercial thoroughfare with traffic counts in excess of 26,000 vehicles per day. The property enjoys excellent visibility at the corner of W Victory Boulevard and Brighton Street with approximately 45 and 145 feet of frontage, respectively.
Habanero Mexican Grill pays $7,500.00 per month ($8.47/SF) on a NNN lease with a rent increase to $8,000.00 per month on 2/15/2025. Because the tenant is on a short-term lease, an owner-user can occupy the property for their own business following the expiration of Habanero Mexican Grill’s lease.