2316-2320 W Magnolia Blvd - Storefront Retail/Office FOR SALE


Burbank, CA 91506- Chandler Park
$3,500,000 USD
213-279-2093
2316-2320 W Magnolia Blvd, Burbank, CA for Sale
$3,500,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | 2.42% Cap Rate

2316-2320 W Magnolia Blvd
Burbank, CA 91506
Chandler Park


OVERVIEW

Building for sale in Burbank. The building is located on the corner of Magnolia Blvd and Brighton St. this property is a retail gem. Beautifully renovated interior and exterior, the property consists of 3850 square feet of free standing retail/fitness space with 12 parking spots in the rear. The parking area also includes a fully permitted/revenue generating EV charging station. The interior and exterior of the building are pristine and sit on a 7785 sq. foot lot. The current tenant has a thriving business. This hip neighborhood is truly unique and home to posh boutiques, vintage antiques and chic eateries. The location is fantastic for an owner operator or investor who desires to be in the heart of the robust and flourishing Burbank retail/business district. The City of Burbank is an icon in the entertainment industry which typically keeps retail and office space in high demand. Much of the movie production occurs in Burbank. Many companies have headquarters or facilities in Burbank, including Warner Bros. Entertainment, Warner Music Group, Universal Studios, Legendary Pictures, The Walt Disney Company,ABC,The CW, Cartoon Network, Nickelodeon Animation Studios, New Wave Entertainment, Insomniac Games and West Coast Customs. Burbank also neighbors’ landmarks like TCL Chinese Theatre, star-studded Walk of Fame, Paramount Pictures and historic music venues like the Hollywood Bowl and the Dolby Theatre, home of the Oscars.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$909 USD /SF

CAP RATE

2.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

BUC3YY

APN/PARCEL ID

2447-003-039

ASK ABOUT THIS PROPERTY

Brennan FobelCentennial AdvisersMore Info
213-279-2093

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Brennan FobelCentennial AdvisersMore Info
213-279-2093

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