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2575 N Hollywood Way
Burbank, CA 91505
Retail Property For Sale
Investment Highlights
- A+ Trophy Location Strip Center – Property is Currently Occupied by 5 Tenants with Staggered Rental Increases & Minimal Landlord Responsibilities
- Less Than 1 Mile to I-5, the Golden State Freeway, which Boasts Daily Traffic Counts of ±194,000 Vehicles Per Day
- Many Real Estate Developments Nearby: Avion Burbank (60Acre), Aero Crossings (862Unit), First Street Village (275Unit)LaTerra SELECT (573 Residential)
- Features Easy Access & Excellent Visibility on N Hollywood Way, Over 40,000 VPD | Located at the Primary Entrance to Hollywood Burbank Airport
- Strong Retail Synergy – Outparcels: Panda Express, McDonald’s, Denny’s, Del Taco | All Outparcel Properties have been Open and Operating since 2008
- Nearly 240,000 people reside in 3-mile radius, nearly 500,000 in 5-mile radius, & impressive average household income of $95,245 per year
Property Facts
Property Type
Retail
Property Subtype
Building Size
10,345 SF
Building Class
B
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.65 AC
Zoning
M2
Frontage
Property Taxes
| Parcel Number | 2466-011-032 | Improvements Assessment | $2,789,500 |
| Land Assessment | $7,000,000 | Total Assessment | $9,789,500 |
Property Taxes
Parcel Number
2466-011-032
Land Assessment
$7,000,000
Improvements Assessment
$2,789,500
Total Assessment
$9,789,500
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