Lee & Associates is pleased to present for sale the Investment Opportunity in Burbank, CA. The asset is a multi tenant office /retail building with unique small office suites ranging in size from 120 - 450 SF. All suites have a large glass window wall facing the street or a well landscapped courtyard. This is a well stabilized asset with a lot of upside in income. 3601 W Magnolia Ave in Burbank (also includes the parking lot parcel at 1003-1011 N. Cordova St) For the Cordova lot - approx 13,570 SF of land.
¦ 100% occupied for stable asset with long standing tenants
¦ Well maintained, building facade was recently painted and repaired ¦ Good onsite parking
¦ No Gross Receipts Tax and no City Income Tax
¦ Lower taxes and utilities with energy solution and solar rebates
¦ Good visible signage and identity
¦ One Burbank high-speed fiber optics network
BRENT ROBERTS Realtor | CA BRE# 01946139 | 619-762-4883
GET A FREE CONSULTATION Find out what your home is really worth!