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2228 N Hollywood Way, Burbank, CA
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2228 N Hollywood Way
Burbank, CA 91505-1112 - Burbank Ind Submarket
.82 AC (35,876 SF)
For Sale Price:
3 tot./8'0''w x 12'0''h
Free Surface spaces are available; Ratio of 3/1,000 SF
Property Description: LIGHT MANUFACTURING BUILDINGS
Property Use Description: Single Tenant Industrial Building
· Well suited for Creative office, Medical office or Self Storage site with a buildable FAR of 1.25 with by-right height of 35 feet.
· Low building to land ratio offers an opportunity for expansion or redevelopment in the future
· M2 Zoned Allowing for a Myriad of Potential Uses
· Own versus Lease- Purchase as an owner user and capitalize on the low interest rate financing
· Close proximity to the Burbank Airport and Media Center
· Offered at $106PSFT on Land
Brookfield Partners is pleased to present an excellent redevelopment site or an owner user flex industrial property located at 2228 Hollywood Way in the city of Burbank. The subject property consists of an approximately 15000 SF industrial building situated on 34,826 SF of land. The property has excellent exposure along Hollywood Way with traffic counts of 33,996 cars per day. The offering provides an opportunity for a developer to reposition the property to creative office, medical office or self storage. In addition, an owner/user can acquire a property with 10% down. Now is the time to take advantage of low interest rates and protect your business from future rental market spike. Rather than paying rent to a landlord, your rent will pay off the property mortgage and provide a more attractive after tax return.
The subject property is located in prestigious creative entertainment capital of the world. In addition it is located to proximate vicinity to Warner Bros. Studios, Disney' s Grand Central Campus, DreamWorks, NBC Studios, Nickelodeon and Turner Cartoon Networks. Furthermore the property benefits from excellent Freeway access via the 134 and 5 Freeway.
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