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401-407 N Victory Blvd 5,353 SF 100% Leased Retail Building Burbank, CA 91502 $6,916,948 CAD ($1,292.16 CAD/SF)



EXECUTIVE SUMMARY
New roof soon, Parking has been done recently.
This prime commercial property, built in 1987, is now available for sale for the first time in more than three decades. Ideally situated on the bustling North Victory Blvd in the heart of Burbank, this property offers exceptional visibility and accessibility, making it the perfect location for a wide range of business opportunities.
With its proximity to major highways and high-traffic areas, this property is surrounded by popular retail destinations including IKEA, In-N-Out Burger, Target, Costco, The Home Depot, Walmart, AMC Burbank, and more—ensuring consistent foot traffic and exposure.
Key Features:
Prime Location: Situated in a high-traffic, high-visibility area with easy access to major highways.
Fully Leased: Stable, long-term tenants in place, providing reliable income streams.
Retail Center: A highly desirable property well-suited for retail, restaurant, or other commercial uses.
Significant Upside Potential: Below-market rents with the potential for increased gross income.
Generous Parking: Ample parking for customers and tenants.
1031 Exchange: Ideal for 1031 Exchange investors looking for a well-located property with strong potential.
Seller and Seller's agent do not guarantee the accuracy of any information contained herein, buyer and buyer's agent to do their own due diligence.
Don’t miss this rare opportunity to invest in a premier commercial property in one of Southern California's most sought-after markets. Contact Cennie today for more details!
This prime commercial property, built in 1987, is now available for sale for the first time in more than three decades. Ideally situated on the bustling North Victory Blvd in the heart of Burbank, this property offers exceptional visibility and accessibility, making it the perfect location for a wide range of business opportunities.
With its proximity to major highways and high-traffic areas, this property is surrounded by popular retail destinations including IKEA, In-N-Out Burger, Target, Costco, The Home Depot, Walmart, AMC Burbank, and more—ensuring consistent foot traffic and exposure.
Key Features:
Prime Location: Situated in a high-traffic, high-visibility area with easy access to major highways.
Fully Leased: Stable, long-term tenants in place, providing reliable income streams.
Retail Center: A highly desirable property well-suited for retail, restaurant, or other commercial uses.
Significant Upside Potential: Below-market rents with the potential for increased gross income.
Generous Parking: Ample parking for customers and tenants.
1031 Exchange: Ideal for 1031 Exchange investors looking for a well-located property with strong potential.
Seller and Seller's agent do not guarantee the accuracy of any information contained herein, buyer and buyer's agent to do their own due diligence.
Don’t miss this rare opportunity to invest in a premier commercial property in one of Southern California's most sought-after markets. Contact Cennie today for more details!
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
5,353 SF
Building Class
C
Year Built
1987
Price
$6,916,948 CAD
Price Per SF
$1,292.16 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.31 AC
Zoning
BUC3YY - Commercial or Mixed-Use Zones: The C3 designation is often used for general commercial, retail, or mixed-use districts, which may allow for a wide ran
Parking
16 Spaces (3.31 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2449-016-044 | Improvements Assessment | $1,736,339 CAD |
| Land Assessment | $1,901,106 CAD | Total Assessment | $3,637,445 CAD |
PROPERTY TAXES
Parcel Number
2449-016-044
Land Assessment
$1,901,106 CAD
Improvements Assessment
$1,736,339 CAD
Total Assessment
$3,637,445 CAD
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Nexteam Real Estate
401-407 N Victory Blvd
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