Industrial Owner User or Development Opportunity
Hudson Partners is pleased to present an excellent redevelopment site or an owner user flex industrial property located at 2228 Hollywood Way in the city of Burbank. The subject property consists of an approximately 18000 SF industrial building situated on 34,826 SF of land. The property has excellent exposure along Hollywood Way with traffic counts of 33,996 cars per day. The offering provides an opportunity for a developer to reposition the property to creative office, medical office or self storage. In addition, an owner/user can acquire a property with 10% down. Now is the time to take advantage of low interest rates and protect your business from future rental market spike. Rather than paying rent to a landlord, your rent will pay off the property mortgage and provide a more attractive after tax return.
The subject property is located in prestigious creative entertainment capital of the world. In addition it is located to proximate vicinity to Warner Bros. Studios, Disney' s Grand Central Campus, DreamWorks, NBC Studios, Nickelodeon and Turner Cartoon Networks. Furthermore the property benefits from excellent Freeway access via the 134 and 5 Freeway.
