520 S Verdugo Dr
Burbank, CA 91502
Owner/User Retail Opportunity-Burbank · Retail Property For Sale

Apollo Investment Group of KW Burbank is pleased to exclusively present this great owner-user, auto-related property in prime Burbank. The property provides an ideal turn-key opportunity for an auto-related business, with features including: five (5) grade level doors, four (4) hoists, separate meters, 800 amp & 480 volt power, pylon signage, central HVAC, two offices & etc. The property allows for an Owner-user to obtain highly leveraged debt with 10% down payment, 90% SBA financing readily available in today's commercial lending environment. The site also lends itself to a potential retail development, or to a user looking to utilize the heavy power and open space for a wide array of commercial uses. The property which currently features a 4,756 sf building on a lot of approximately 9,284 sf, can be delivered vacant at close. This concrete block constructed building, built in 1990, offers ample parking, 20 foot max height, and 81 feet of frontage on S. Verdugo Drive. The parcel is nestled on the three-point intersection of S. Verdugo Dr., S. Victory Blvd., and W. Providencia Ave. in bustling Burbank, CA. Attracting almost 19,000 cars/day, this strong location offers dense demographics, a 3 mile radius population of 164,526, with a median household income of $62,852. With easy access to the Golden State 5 Freeway, the property is centrally located in prime Burbank, within a short distance to the city of Glendale, downtown Burbank, the entertainment studios, and Griffith Park, as well as many other major amenities.