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217-277 S Lake St 64,413 SF 100% Leased 4-Star Flex Building Burbank, CA 91502 $40,485,311 CAD ($628.53 CAD/SF) 7% Cap Rate

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Investment Highlights

10-Year Absolute NNN Lease to Industry-Leading Tenant
MPAA-Approved Production Facility in Burbank Media District
Significant Capital Improvements & Proven Ownership

Institutional-Grade Media Infrastructure (Power, HVAC & Data)
Large 3.08-Acre Site with 179 Parking Spaces
Modern / Creative Buldout

Executive Summary

217-277 South Lake Street - Owned and operated since 2013 by the Seller, Roundabout Entertainment, the opportunity is recognized as among the best post production facilities of its kind in the world. The property is 100% occupied by Roundabout Entertainment, an industry leading post-production company. The building contains a total square footage of ± 64,413 SF and sits on two land parcels spanning ± 3.08 Acres. The project is an MPAA approved facility, containing multiple ATMOS stages, screening theaters, ADR, foley, color grading and edit bays. The Property will be delivered fully leased to Roundabout Entertainment pursuant to a new ten-year, Triple Net Lease.
A former rail spur running along the north side of the property (APN 2451-016-029) (±18,730 SF) is also a part of the offering and substantially increased the parking on site. Positioned on Lake Street, immediately south of Olive Ave, the location offers a prime location within the City of Burbank.
The Property’s strategic location ensures easy accessibility to Burbank, Hollywood, and the broader Los Angeles area. The immediate vicinity is well-connected to major commuter routes, providing swift access to and from the 5 Freeway, as well as being in close proximity to the 101 and 134 Freeways. The site is within easy walking distance to the Burbank Metrolink station. The building is constructed with a combination of Block/Frame & Stucco and appears to be in good condition. Notably, the roof and plumbing systems exhibit good maintenance, and the electrical and HVAC systems also demonstrate excellent functionality.

Lake 217-277_OM-Final

Property Facts

Price	$40,485,311 CAD	Lot Size	3.08 AC
Price Per SF	$628.53 CAD	Rentable Building Area	64,413 SF
Sale Type	Investment NNN	No. Stories	1
Cap Rate	7%	Year Built/Renovated	1960/2012
Property Type	Flex	Parking Ratio	2.78/1,000 SF
Property Subtype	Flex Research & Development Flex Light Manufacturing Industrial Warehouse OfficeLoft Creative Space	Clear Ceiling Height	14’
Building Class	A
Zoning	M2, Burbank - M2 (General Industrial) – Burbank Media District zoning supporting production, studio, industrial and related commercial uses.

Price	$40,485,311 CAD
Price Per SF	$628.53 CAD
Sale Type	Investment NNN
Cap Rate	7%
Property Type	Flex
Property Subtype	Flex Research & Development Flex Light Manufacturing Industrial Warehouse OfficeLoft Creative Space
Building Class	A
Lot Size	3.08 AC
Rentable Building Area	64,413 SF
No. Stories	1
Year Built/Renovated	1960/2012
Parking Ratio	2.78/1,000 SF
Clear Ceiling Height	14’
Zoning	M2, Burbank - M2 (General Industrial) – Burbank Media District zoning supporting production, studio, industrial and related commercial uses.

24 Hour Access
Conferencing Facility
Courtyard
Fenced Lot

Fitness Center
Security System
Signage
Reception

Storage Space
Car Charging Station
Monument Signage
Air Conditioning

Fiber Optic Internet
Smoke Detector
Breakroom
Backup Power / Generators

Lighting
Gas
Water
Sewer
Heating

Major Tenants

Information
64,413 SF
-
Triple Net
-

Depuis 1992, Roundabout Entertainment fournit aux studios, aux cinéastes indépendants, aux leaders de la télévision et de la distribution de l'industrie un aperçu du flux de travail et des technologies de pointe du début à la fin. Le rond-point a connu une croissance rapide et est devenu une force dominante dans l'industrie de la post-production. Nous investissons dans les technologies les plus récentes, les serveurs les plus sécurisés et un réseau LAN à fibre de 40 Go à l'épreuve des balles. Nous comptons également plus de 130 des meilleurs opérateurs de post-production les plus dévoués du secteur. Roundabout a produit un nombre remarquable de projets dynamiques grâce à des partenariats, apportant son expertise de la préproduction à la post-production. L'infrastructure 4K de Roundabout et son pipeline personnalisé pour chaque projet nous permettent d'innover avec les créateurs de contenu et de donner vie aux images grâce à la finition du son et de l'image.

Tenant	Industry	SF Occupied	Rent/SF	Lease Type		Lease End
	Information	64,413 SF	-	Triple Net		-

Property Taxes

Parcel Numbers	Multiple 2451-016-023 2451-016-027 2451-016-026 2451-016-025 2451-016-022 2451-016-029 2451-016-021 2451-016-024	Improvements Assessment	$16,499,925 CAD
Land Assessment	$17,027,680 CAD	Total Assessment	$33,527,606 CAD