3413 W Pacific Ave
Burbank, CA 91505
3413 West Pacific Ave · Office Property For Sale

Although the Property is currently 100% leased, current ownership plans to vacate 76% of the Property within 24 months, providing optionality for an investor to execute an aggressive lease-up strategy in one of the most dynamic and affluent submarkets in the Greater Los Angeles Area, or an owner-user to occupy the majority of the building. Proximate Medical Occupiers - 3413 West Pacific Ave benefits from proximity to the Providence Saint Joseph Medical Center, which serves Burbank and ranks as the second-largest hospital serving the San Fernando and Santa Clarita Valleys. The medical center employs over 2,800 employees, volunteers and guild members, and over 600 physicians. Additionally, the healthcare and social assistance sector employs over 7,500 in Burbank alone. Premier Location with Accessibility and Abundant Amenities - Burbank is served by six major freeways and home to the Bob Hope Airport (Hollywood Burbank Airport), which flies 5.2 million passengers annually. Additionally, the Property benefits from proximity to Downtown Burbank which includes the newly renovated Burbank Town Center. Anchored by Macy’s, Barnes & Noble and two AMC theaters (top five grossing in the country), the center offers over 140 specialty retailers and restaurants. Unencumbered by Existing Debt - 3413 West Pacific Ave is being offered free and clear of existing debt, allowing a potential investor to take advantage of today’s low interest rate environment and aggressive debt markets to boost attractive leveraged returns.