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2930 N San Fernando Blvd 50,400 SF Industrial Building Burbank, CA 91504 $19,521,432 ($387.33/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN Leased Investment
- 8 Dock Positions: 4 x 48" & 4 x 20"
- 2,000 Amps (4 Panels)
- Excellent Condition Distribution/Manufacturing Building
- Large, Secured Yard/Truck Court
- Freeway Frontage
EXECUTIVE SUMMARY
Exceptional triple net leased investment! Rare Burbank location, freeway frontage, large secured truck court/yard. Plenty of dock-high loading and 2000 amps. Lessee is a national company with 4 US locations and has occupied this building for 17 years. 2.5 years left on the current lease, with 2 5-year options. Building is in exceptionally good condition.
PROPERTY FACTS
| Price | $19,521,432 | Rentable Building Area | 50,400 SF |
| Price Per SF | $387.33 | No. Stories | 2 |
| Sale Type | Investment NNN | Year Built | 1978 |
| Cap Rate | 5% | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 18’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 8 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 2.20 AC | ||
| Zoning | M2, Burbank - Light Industrial | ||
| Price | $19,521,432 |
| Price Per SF | $387.33 |
| Sale Type | Investment NNN |
| Cap Rate | 5% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.20 AC |
| Rentable Building Area | 50,400 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Tenancy | Single |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 8 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M2, Burbank - Light Industrial |
PROPERTY TAXES
| Parcel Number | 2466-021-016 | Improvements Assessment | $4,394,851 |
| Land Assessment | $2,809,819 | Total Assessment | $7,204,670 |
PROPERTY TAXES
Parcel Number
2466-021-016
Land Assessment
$2,809,819
Improvements Assessment
$4,394,851
Total Assessment
$7,204,670
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2930 N San Fernando Blvd
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