2220 N Hollywood Way - Freestanding FOR SALE


Burbank, CA 91505- Northwest District
$3,500,000 USD
818-501-2212
2220 N Hollywood Way, Burbank, CA for Sale
$3,500,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

2220 N Hollywood Way
Burbank, CA 91505
Northwest District


HIGHLIGHTS

  • 1,400 SF building on 0.46 AC land
  • Potential drive-thru site
  • Currently a car dealership
  • 98' frontage on Hollywood Way
  • M2 Zoning

OVERVIEW

illi Commercial is pleased to present 2220 North Hollywood Way, a 20,405 square foot property featuring a 1,400 SF office structure, located in prime Burbank just one block south of Hollywood Burbank Airport. Situated between Pacific Avenue and Vanowen Street, this property features nearby 5 Freeway access, as well as proximity to a multitude of entertainment companies, production facilities, hotels, restaurants, and several high-density residential developments. The property currently generates cash flow with an auto dealership tenant on month to month, creating the opportunity for an investor or developer to collect income while planning next steps. Owner-users seeking a turnkey opportunity will see great value in the site’s bountiful parking, prominent pylon signage, and use-flexible M2 zoning, while potentially taking advantage of SBA financing.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$1,670 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Owner-User, Investor or Development

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,745 SF

ZONING

BUM2*

APN/PARCEL ID

2463-009-008

ASK ABOUT THIS PROPERTY

James Heerdegenilli Commercial Real EstateMore Info
818-501-2212

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James Heerdegenilli Commercial Real EstateMore Info
818-501-2212

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