$15,500,000 USD
310-312-1800
2231-2249 N Hollywood Way
Burbank, CA 91505
Northwest District
HIGHLIGHTS
- WELL-POSITIONED INDUSTRIAL ASSET The fully-occupied property is leased to four tenants and in a strong submarket
- ZONING FLEXIBILITY Creative, entertainment, or light industrial uses
- STRATEGIC CORNER LOT High traffic exposure on busy North Hollywood Way
- EXCELLENT CONNECTIVITY Located only 0.4 miles to Burbank Airport, North Metrolink Station, and immediate freeway access to I-5, SR 134 and US-101
- SUITABLE FOR MULTI-TENANT LEASING Due to multiple bays and flexible warehouse/office layouts
- POSITIVE NEIGHBORHOOD DYNAMICS Resident growth, rising incomes, and mixed-used investment
FOR SALE DETAILS
PRICE
$15,500,000 USD
PRICE/SF
$334 USD /SF
CAP RATE
5.73%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Distribution
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1973
UTILITIES
-
CLEAR CEILING HT
16 Ft
DOCKS
-
DRIVE INS
4
PARKING SPACES
18
LAND DETAILS
LAND ACRES
1.64
LAND SF
71,263
ZONING
BUM1
APN/PARCEL ID
2463-001-012
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310-312-1800
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310-312-1800
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