1405 N San Fernando Blvd - Office FOR SALE


Burbank, CA 91504- Northwest District
$8,555,000 USD
213-446-7543
1405 N San Fernando Blvd, Burbank, CA for Sale
$8,555,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

1405 N San Fernando Blvd
Burbank, CA 91504
Northwest District


HIGHLIGHTS

  • Click link to download Offering Memorandum: https://bit.ly/1405sanfernandoLN
  • RARE DOWNTOWN ADJACENT OWNER/USER OFFICE OPPORTUNITY
  • WORLD-RENOWNED OFFICE AND ENTERTAINMENT MARKET CAPTURES RETURN-TO-OFFICE MOMENTUM

OVERVIEW

RARE DOWNTOWN ADJACENT OWNER/USER OFFICE OPPORTUNITY * Boutique Owner/User Office Opportunity ideally sized at 31,044 SF, currently 86.9% leased with a diverse mix of 8 tenants offering an owner/ user ability to occupy over 4,000 SF immediately with 50% of the building within 24 months. * Capturing small tenant demand: The average suite size sits at 2,501 SF providing flexibility and shorter downtime for leasing remaining vacancy. * Highly visible corner of San Fernando Blvd at the cross street of three major thoroughfares, with traffic counts exceeding 20,000 cars per day and within walking distance to Downtown Burbank (0.4 miles) and offering direct access to the Interstate 5 (I-5) Freeway. DOWNTOWN ADJACENT LOCATION WITH DIRECT ACCESS TO EXECUTIVE HOUSING * Burbank is known as the media capital of the world with major entertainment titans offering convenient access to nearby studios and home to a wide array of entertainment, media, medical, and financial corporations. * Located just minutes away, the property benefits from its proximity to abundant and thoughtfully curated retail and dining amenities of Downtown Burbank. * The property offers direct access to the I-5 (Golden State) and 134 (Ventura) freeways connecting Downtown Burbank to bordering Glendale, Burbank media district, and a short drive from Downtown Hollywood. WORLD-RENOWNED OFFICE AND ENTERTAINMENT MARKET CAPTURES RETURN-TO-OFFICE MOMENTUM * Home to Disney/ABC, Comcast/NBC Universal, WarnerMedia, Netflix, Nickelodeon, Dreamworks and over 1,000 media-related companies, Burbank is the unrivaled epicenter of the global media and entertainment industry. Overflowing with creative talent, Burbank draws employers such as Madison Square Garden Entertainment, Twentieth Century Fox and Sony who continually push the boundaries of creativity and innovation. * Burbank has historically held one of the lowest vacancy rates of all major Los Angeles submarkets, in part due to leading investments from large institutions such as Blackstone, Netflix, and Disney with additional flow of private-capital into the market. This investment has continued to put upward pressure on rents with Class-A rents approaching $4.50 FSG with over 60,000 SF of positive net absorption in 2025.

FOR SALE DETAILS

PRICE

$8,555,000 USD

PRICE/SF

$276 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

95

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,210 SF

ZONING

C-3

APN/PARCEL ID

2460-011-044

ASK ABOUT THIS PROPERTY

Mark ShafferCBRE, Inc.More Info
213-446-7543

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Mark ShafferCBRE, Inc.More Info
213-446-7543

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