130-140 N San Fernando Blvd - Storefront FOR SALE


Burbank, CA 91502
$6,252,286 USD
419-280-3361
130-140 N San Fernando Blvd, Burbank, CA for Sale
$6,252,286 USD
Storefront - FOR SALE
1/19
null | 6.84% Cap Rate

130-140 N San Fernando Blvd
Burbank, CA 91502


HIGHLIGHTS

  • Excellent Value Add Investment Opportunity: A Rare Investment or Owner-User Opportunity Featuring Four Contiguous Retail Storefronts
  • Prime Media Location: Positioned in the "Media Capital of the World," Within Close Proximity to Major Global Studios - Disney, Warner Bros., & Netflix
  • Exceptional Accessibility: Located near the Burbank Town Center
  • Located Directly on a High-Traffic Pedestrian Corridor, less than a Mile from the ‘First Street Village’ with 275 New Apartments
  • Excellent Demographics High Traffic Counts +/-50,000 CPD

OVERVIEW

Spectrum Commercial Real Estate, Inc. is pleased to exclusively present a rare investment opportunity featuring four contiguous retail storefronts totaling approximately 6,240 square feet. Located in the high-traffic pedestrian corridor of Downtown Burbank, the property is positioned in the "Media Capital of the World," surrounded by major global studios and a thriving residential base. The property features: Two 2nd gen restaurant spaces ranging from 1,120 SF – 2,200 SF; Two retail spaces ranging from 1,200 SF – 1,958 SF; Approx. 1,087 residential units proposed/under construction in Downtown Burbank and 2,577 existing units; 4 million visitors in 2024 (according to Placer.ai); Prime media location: Positioned in the "Media Capital of the World," within close proximity to major global studios - Disney, Warner Bros., and Netflix; Strong local density: Surrounded by over 3,600 existing or under-construction residential units; Proven retail synergy: Situated just half a mile from the largest IKEA in the U.S.; Exceptional accessibility: Located near the Burbank Town Center. The property is located directly on a high-traffic pedestrian corridor, less than a mile from the ‘First Street Village’ with 275 new apartments. Excellent demographics high traffic counts +/-50,000 CPD. Minutes from primary thoroughfare with direct access to major studio lots like Warner Bros & Disney. Near interstate 5, SR-134 & SR-170 freeway onramps.

FOR SALE DETAILS

PRICE

$6,252,286 USD

PRICE/SF

$1,002 USD /SF

CAP RATE

6.84%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Rare Downtown Burbank Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

BUC1*

APN/PARCEL ID

2453-009-015

ASK ABOUT THIS PROPERTY

Chris AlihemmatSpectrum Commercial Real Estate, IncMore Info
419-280-3361

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Chris AlihemmatSpectrum Commercial Real Estate, IncMore Info
419-280-3361

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.