Property Listing No Longer Available for Sale

200-204 N San Fernando Blvd

Burbank, CA

Retail for Sale - $8,250,000 - 13,639 Sq. Ft. on 14998 acres


Property Info

CIMLS#859351
Location
  200-204 N San Fernando Blvd
  Burbank CA 91502
UpdatedSeptember 22nd, 2016
TypeRetail
Price$8,250,000
Building13,639 Sq. Ft.
Land14998 acres

Property Description

SVN is proud to present a purchase/lease opportunity, located at 200-204 North San Fernando Road, in Burbank, CA. Lease or acquire 13,639 SF of retail property (11,190 SF first floor and a second floor mezzanine), with an additional 11,000 SF of basement, used as a mini storage.

This property is prominently located at a major signalized intersection in Downtown Burbank, in the heart of the dynamic Old Town retail and restaurant corridor, and within walking distance to newly completed Burbank Collection (premier mixed-use development with major national tenants, AMC 16 movie theatre and 118 condo units). Its neighbors include major national tenants: PF Chang, Fuddruckers, Starbucks, Tender Greens, Panera Bread, Urban Outfitters, Ikea, CPK and Pizza Rev among others.

This is an opportunity to position yourself within one of the top performing retail submarkets in Southern California, and take advantage of low retail inventory, high barriers to entry for new developments and high demand for quality retail. Tap into redevelopment opportunities, both in retail and entertainment industries. Burbank is home to major movie studios, including Warner Brothers, Walt Disney and Universal Studios, which contribute greatly to the city's high employment and tourism.

The site includes ten surface parking spots in rear, street public parking and a large public parking structure in rear.

The surrounding area offers strong demographics, with a daytime population of 288,000 employees and a residential population in excess of 500,000 people in a 5-mile radius, with an average household income of more than $80,000.

Burbank is known for its successful retail businesses, and this property is prominently located to tap into that success.

Location Description:

Location

Highlights:

>> Great Identity & Access

>> Heart of Old Town Burbank Retail and Restaurant Corridor


Financials

Sales Info:

>> Commision split: 5.0%


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