1111 W Alameda Ave
Burbank, CA 91506
Prime Burbank Development Site - 2.76 Ac · Office Property For Sale

CBRE is pleased to present the owner/user or development opportunity to purchase 1111 W. Alameda Ave in Burbank, California (the “Property”). Situated in the heart of Burbank’s Rancho District, the 2.77 acre site is improved by a ±46,764 SF office and retail building, currently a regional and branch office for the American Automobile Association (AAA), surrounded by a surface parking lot accommodating ±189 spaces. The Property is less than one mile to the major film and television studios in the Media District, including Warner Bros and Disney, and minutes to NBCUniversal and CBS in nearby Studio City.
Known as the media capital of the world, Burbank appeals to major employers with best-in-class office and production space, access to a broad labor pool across the San Fernando Valley and impressive regional amenities like the Burbank Airport and transportation hub. Nearby Downtown Burbank offers visitors and residents unlimited shopping, dining and entertainment options along with brand new multi-family, mixed-use and hotel developments. Fueled by the entertainment and media sectors, Burbank consistently outperforms neighboring submarkets and is considered one of the strongest in the region.
The Property is well positioned for multi-family/mixed use, retail or office. Walkable retail amenities, proximity to major employment opportunity and an overall housing shortage offer maximum value creation potential. For owner/users, few opportunities acquire to acquire a standalone building of this size with ample parking in the heart of Burbank.