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Rare Downtown Burbank Retail Center 130-140 N San Fernando Blvd 6,240 SF 100% Leased Retail Building Burbank, CA 91502 $6,252,286 ($1,001.97/SF) 6.84% Cap Rate



Investment Highlights
- Excellent Value Add Investment Opportunity: A Rare Investment or Owner-User Opportunity Featuring Four Contiguous Retail Storefronts
- Exceptional Accessibility: Located near the Burbank Town Center
- Excellent Demographics High Traffic Counts +/-50,000 CPD
- Prime Media Location: Positioned in the "Media Capital of the World," Within Close Proximity to Major Global Studios - Disney, Warner Bros., & Netflix
- Located Directly on a High-Traffic Pedestrian Corridor, less than a Mile from the ‘First Street Village’ with 275 New Apartments
Executive Summary
Spectrum Commercial Real Estate, Inc. is pleased to exclusively present a rare investment opportunity featuring four contiguous retail storefronts totaling approximately 6,240 square feet. Located in the high-traffic pedestrian corridor of Downtown Burbank, the property is positioned in the "Media Capital of the World," surrounded by major global studios and a thriving residential base.
The property features: Two 2nd gen restaurant spaces ranging from 1,120 SF – 2,200 SF; Two retail spaces ranging from 1,200 SF – 1,958 SF;
Approx. 1,087 residential units proposed/under construction in Downtown Burbank and 2,577 existing units; 4 million visitors in 2024 (according to Placer.ai); Prime media location: Positioned in the "Media Capital of the World," within close proximity to major global studios - Disney, Warner Bros., and Netflix; Strong local density: Surrounded by over 3,600 existing or under-construction residential units; Proven retail synergy: Situated just half a mile from the largest IKEA in the U.S.; Exceptional accessibility: Located near the Burbank Town Center.
The property is located directly on a high-traffic pedestrian corridor, less than a mile from the ‘First Street Village’ with 275 new apartments. Excellent demographics
high traffic counts +/-50,000 CPD. Minutes from primary thoroughfare with direct access to major studio lots like Warner Bros & Disney. Near interstate 5, SR-134 & SR-170 freeway onramps.
The property features: Two 2nd gen restaurant spaces ranging from 1,120 SF – 2,200 SF; Two retail spaces ranging from 1,200 SF – 1,958 SF;
Approx. 1,087 residential units proposed/under construction in Downtown Burbank and 2,577 existing units; 4 million visitors in 2024 (according to Placer.ai); Prime media location: Positioned in the "Media Capital of the World," within close proximity to major global studios - Disney, Warner Bros., and Netflix; Strong local density: Surrounded by over 3,600 existing or under-construction residential units; Proven retail synergy: Situated just half a mile from the largest IKEA in the U.S.; Exceptional accessibility: Located near the Burbank Town Center.
The property is located directly on a high-traffic pedestrian corridor, less than a mile from the ‘First Street Village’ with 275 new apartments. Excellent demographics
high traffic counts +/-50,000 CPD. Minutes from primary thoroughfare with direct access to major studio lots like Warner Bros & Disney. Near interstate 5, SR-134 & SR-170 freeway onramps.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,240 SF
Building Class
B
Year Built
1948
Price
$6,252,286
Price Per SF
$1,001.97
Cap Rate
6.84%
NOI
$427,788
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.80
Lot Size
0.18 AC
Zoning
BUC1* - Buyer to verify
Amenities
- Bus Line
- Signage
- Signalized Intersection
Exceptionally walkable
90/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2453-009-015 | Improvements Assessment | $554,264 |
| Land Assessment | $2,088,142 | Total Assessment | $2,642,406 |
Property Taxes
Parcel Number
2453-009-015
Land Assessment
$2,088,142
Improvements Assessment
$554,264
Total Assessment
$2,642,406
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Rare Downtown Burbank Retail Center | 130-140 N San Fernando Blvd
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