Burbank, CA
Commercial Real Estate Market Trends & Data
Burbank's Demographic Profile
Burbank has 40,968 households and a median income of $88,852, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 101,633 |
| # Households | 40,968 |
| Median age | 42 |
| Median household income | $88,852 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 23,783 |
| 5-year population change | -3% |
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| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Burbank | $600 | 13,644 SF | 8.31% |
| Toluca Terrace | $557 | 4,979 SF | 6.77% |
| North Hollywood | $880 | 9,122 SF | 8.47% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Burbank | $480 | 12,503 SF | 8.31% |
| North Hollywood | $488 | 14,504 SF | 1.22% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Burbank | $764 | 5,997 SF |
| Toluca Terrace | $745 | 3,478 SF |
| Toluca Lake | $1,113 | 2,807 SF |
| North Hollywood | $696 | 4,689 SF |
| West Toluca Lake | $421 | 5,462 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Burbank | $500 | 9,280 SF | 7.85% |
| Toluca Terrace | $407 | 15,435 SF | 7.68% |
| Toluca Lake | $404 | 13,208 SF | 6.52% |
| North Hollywood | $361 | 12,741 SF | 8.05% |
| Valley Village | $421 | 11,236 SF | 7.85% |
Commercial Properties For Sale in Burbank
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Burbank pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Burbank | $639 | 10,374 SF |
| Toluca Terrace | $562 | 8,867 SF |
| Toluca Lake | $584 | 16,231 SF |
| Universal City | $632 | 18,004 SF |
| North Hollywood | $509 | 11,143 SF |
Multifamily Properties For Sale in Burbank
Regional Demographic Comparison
This comparison places Burbank alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Burbank or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Burbank | 101,633 | 40,968 | 42 | $88,852 | 2 | 23,783 | -3% |
| Toluca Terrace | 40,683 | 18,882 | 37 | $63,278 | 2 | 15,751 | -1% |
| Toluca Lake | 11,325 | 5,664 | 41 | $90,144 | 2 | 3,711 | -3% |
| North Hollywood | 215,500 | 86,755 | 39 | $75,415 | 2 | 59,468 | -2% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Burbank, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Burbank
Burbank offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Burbank. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Burbank. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Burbank. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Burbank, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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