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217-277 S Lake St 64,413 SF 100% Leased 4-Star Flex Building Burbank, CA 91502 $29,261,906 ($454.29/SF) 7% Cap Rate
Investment Highlights
- 10-Year Absolute NNN Lease to Industry-Leading Tenant
- MPAA-Approved Production Facility in Burbank Media District
- Significant Capital Improvements & Proven Ownership
- Institutional-Grade Media Infrastructure (Power, HVAC & Data)
- Large 3.08-Acre Site with 179 Parking Spaces
Executive Summary
217-277 South Lake Street - Owned and operated since 2013 by the Seller, Roundabout Entertainment, the opportunity is recognized as among the best post production facilities of its kind in the world. The property is 100% occupied by Roundabout Entertainment, an industry leading post-production company. The building contains a total square footage of ± 64,413 SF and sits on two land parcels spanning ± 3.08 Acres. The project is an MPAA approved facility, containing multiple ATMOS stages, screening theaters, ADR, foley, color grading and edit bays. The Property will be delivered fully leased to Roundabout Entertainment pursuant to a new ten-year, Triple Net Lease.
A former rail spur running along the north side of the property (APN 2451-016-029) (±18,730 SF) is also a part of the offering and substantially increased the parking on site. Positioned on Lake Street, immediately south of Olive Ave, the location offers a prime location within the City of Burbank.
The Property’s strategic location ensures easy accessibility to Burbank, Hollywood, and the broader Los Angeles area. The immediate vicinity is well-connected to major commuter routes, providing swift access to and from the 5 Freeway, as well as being in close proximity to the 101 and 134 Freeways. The site is within easy walking distance to the Burbank Metrolink station. The building is constructed with a combination of Block/Frame & Stucco and appears to be in good condition. Notably, the roof and plumbing systems exhibit good maintenance, and the electrical and HVAC systems also demonstrate excellent functionality.
A former rail spur running along the north side of the property (APN 2451-016-029) (±18,730 SF) is also a part of the offering and substantially increased the parking on site. Positioned on Lake Street, immediately south of Olive Ave, the location offers a prime location within the City of Burbank.
The Property’s strategic location ensures easy accessibility to Burbank, Hollywood, and the broader Los Angeles area. The immediate vicinity is well-connected to major commuter routes, providing swift access to and from the 5 Freeway, as well as being in close proximity to the 101 and 134 Freeways. The site is within easy walking distance to the Burbank Metrolink station. The building is constructed with a combination of Block/Frame & Stucco and appears to be in good condition. Notably, the roof and plumbing systems exhibit good maintenance, and the electrical and HVAC systems also demonstrate excellent functionality.
Property Facts
Amenities
- 24 Hour Access
- Conferencing Facility
- Courtyard
- Fenced Lot
- Fitness Center
- Security System
- Signage
- Reception
- Storage Space
- Car Charging Station
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
- Breakroom
- Backup Power / Generators
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Information
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99,999 SF
- -
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Lorem Ipsum
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Roundabout Entertainment began operations in 1992 as an audio production house. The company has expanded its offerings to include comprehensive post-production services for various media formats. Their facilities provide end-to-end solutions spanning sound design, editing, mixing, and localization services. Roundabout serves major studios, independent filmmakers, and streaming platforms with technical and creative support throughout production.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Information | 99,999 SF | - | Lorem Ipsum | - |
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2451-016-027 | Improvements Assessment | $4,369,680 |
| Land Assessment | $1,872,720 | Total Assessment | $6,242,400 |
Property Taxes
Parcel Number
2451-016-027
Land Assessment
$1,872,720
Improvements Assessment
$4,369,680
Total Assessment
$6,242,400
Contacts
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Christopher Baer -
Christopher Bonbright -
Brandon Burtis -
Fischer Cabot -
Avison Young
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217-277 S Lake St
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