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4306-4310 W Victory Blvd 5,575 SF 62% Leased Retail Building Burbank, CA 91505 $2,200,000 ($394.62/SF)
INVESTMENT HIGHLIGHTS
- Ideal owner user opportunity with in place income from three ground floor tenants
- Versatile C3 zoning supporting a wide range of commercial uses
- Short term and month to month leases allow flexible occupancy options
- Newly renovated ±2,100 SF second floor office delivered vacant
- Each unit separately metered for electricity
- Attractive SBA financing available with as little as 10% down
EXECUTIVE SUMMARY
4306–4310 W Victory Blvd presents a rare opportunity to acquire a versatile mixed use asset in the heart of Burbank, one of the most business friendly and economically resilient cities in the San Fernando Valley. The ±5,575 SF building sits on a ±5,350 SF lot and features three fully occupied ground floor retail suites paired with a recently renovated ±2,100 SF second floor office space being delivered vacant, ideal for an owner user seeking immediate occupancy with in place income. The existing tenant mix consists of service based, internet resistant operators that continue to perform well in an increasingly e commerce driven environment. With short term and month to month leases in place, the property offers maximum flexibility for an owner user or investor looking to reposition, occupy, or re tenant the building.
The versatile C3 zoning, four covered parking spaces accessed via the rear alley, and separately metered electrical service for each unit, make the property well positioned to accommodate a wide range of retail and office uses. Attractive SBA financing, with as little as 10% down, further enhances the feasibility for owner users.
The versatile C3 zoning, four covered parking spaces accessed via the rear alley, and separately metered electrical service for each unit, make the property well positioned to accommodate a wide range of retail and office uses. Attractive SBA financing, with as little as 10% down, further enhances the feasibility for owner users.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,575 SF
Building Class
C
Year Built/Renovated
1947/1989
Price
$2,200,000
Price Per SF
$394.62
Percent Leased
62%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.07
Lot Size
0.12 AC
Zoning
C3 - Commercial
Parking
1 Spaces (0.18 Spaces per 1,000 SF Leased)
Frontage
25’ on W Victory Blvd
AMENITIES
- Signage
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $905,254 | |
| Land Assessment | $1,357,878 | Total Assessment | $2,263,132 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,357,878
Improvements Assessment
$905,254
Total Assessment
$2,263,132
CONTACTS
-
Brin Hamblin -
Joshua Yaris -
Ryan Rothstein-Serling -
Martin Agnew -
Agnew | Serling Group
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4306-4310 W Victory Blvd
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