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800 S San Fernando Boulevard
Burbank, CA 91502

Price: $3,800,000 Zoning: BUC4*
Bldg SF: 6,764 SF Price/SF: $562
Land SF: 9,981 SF Occupancy: Vacant
Year Built:  1944 Property Type: Retail
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685


Matthew Luchs
(818) 212-2727
matthew.luchs@marcusmillichap.com
License # 01948233


Zachary Saloff
(818) 212-2810
zachary.saloff@marcusmillichap.com
License # 02123343

Price: 3,800,000
Bldg SF: 6,764 SF
Land SF: 9,981 SF
ProForma CAP Rate: 5.99%
Price/SF: $562
Occupancy:  Vacant
Property Type: Retail/Office
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685


Matthew Luchs
(818) 212-2727
matthew.luchs@marcusmillichap.com
License # 01948233


Zachary Saloff
(818) 212-2810
zachary.saloff@marcusmillichap.com
License # 02123343

Investment Highlights

Excellent Burbank, CA location, just across the street from Tesla and Ikea

 

  • Signalized corner location with excellent visibility and frontage
  • Ideally located directly across the street from a Tesla Dealership as well as Ikea
  • Surrounded by national tenants such as CVS Pharmacy, Ralphs, Starbucks, Walgreens, Del Taco, 7-Eleven, The Habit Burger Grill, and Trader Joe’s
  • Located less than one mile from First Street Village, a 6-story 275-unit mixed-use development project
  • Located approximately four miles from Avion Burbank, a 60-acre development project featuring 17 buildings comprised of creative office, creative industrial, retail, and hotel space

 

Unique Offering with Two Small Month To Month Tenants Presents a Multitude of Potential Options

 

  • The subject property consists of one 6,764 square foot building comprised of both retail storefront and automotive space, allowing an owner-user to occupy the retail and or automotive space
  • The retail storefront is located along San Fernando Boulevard, which sees daily traffic counts north of 19,200 vehicles per day
  • Features four roll-up doors as well as open space for automotive use
  • Property will be delivered mostly vacant at the close of escrow

 

Strong Underlying Demographics and Dense Immediate Population in the Burbank, CA submarket

 

  • There are over 44,000 people located within one mile of the property, 158,100 within three miles of the property, and 481,300 within five miles of the property
  • There are over 17,600 households located within one mile of the property, 62,100 within three miles, and 191,600 within five miles of the property
  • Average household income within one mile of the property surpasses $82,200, $106,100 within three miles, and $102,700 within five miles of the property