235 S 1st St - Restaurant FOR SALE


Burbank, CA 91502
$19,950,000 USD
949-679-2340
235 S 1st St, Burbank, CA for Sale
$19,950,000 USD
Restaurant - FOR SALE
1/8
null | Request Cap Rate

235 S 1st St
Burbank, CA 91502


HIGHLIGHTS

  • Fantastic redevelopment opportunity with interim NNN income
  • I-5 Freeway frontage with direct off-ramp access
  • In the middle of abundant downtown Burbank amenities including dining, shopping, entertainment and nightlife

OVERVIEW

Exceptional high density multi-family, senior living, hospitality or retail redevelopment on this 1.76 acre site with I-5 frontage and direct off-ramp access. Covered land opportunity with interim NNN income. Walking distance to Metrolink Burbank and two miles from Hollywood Burbank Airport.

FOR SALE DETAILS

PRICE

$19,950,000 USD

PRICE/SF

$2,140 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Black Angus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

130

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,578 SF

ZONING

C2, Burbank

APN/PARCEL ID

2453-018-017

ASK ABOUT THIS PROPERTY

Tyler KropfBAC Real Estate Group, IncMore Info
949-679-2340

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

Tyler KropfBAC Real Estate Group, IncMore Info
949-679-2340

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