4124-4130 W Burbank Blvd
Burbank, CA 91505
BURBANK RETAIL - OWNER/USER INVESTMENT · Retail Property For Sale
Property Facts
Amenities
- Corner Lot
- Signage
About 4124-4130 W BURBANK BLVD , BURBANK, CA 91505
UPSIDE...UPSIDE!!! Ideal Owner/User or Investment Property on Burbank Boulevard in the heart of the Burbank retail district. This free standing retail building has undergone recent renovations include new roof, new electrical panels, new HVAC units, tankless water heater and LED lighting. 2 units leased and 2 units occupied by owner who is willing to lease back or vacate upon close of escrow. Significant upside in bringing rents to market rates and converting to NNN leases. At an average rent of $2.50 NNN, this investment would yield a 7.8% cap rate. The tenants are Blue Dragon Martial Arts whose lease is up in September 2021 and MEDtown RX whose lease is up in July 2019 provide for additional flexibility. 9 parking spaces in the rear. This asset is located at the highly visible corner of Burbank Blvd & Evergreen St, just 1 block west of Pass Ave.
Property Taxes
| Parcel Number | 2476-007-001 | Improvements Assessment | $669,309 |
| Land Assessment | $1,952,156 | Total Assessment | $2,621,465 |
Property Taxes
