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2221-2225 W Olive Ave 7 478 pi² 100% Loué Bureau Immeuble Burbank, CA 91506 6 230 250 $ CAD (833,14 $ CAD/pi²) 6,20% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Current Cap Rate: 6.20% | Pro Forma: 7.27%
- Diversified Revenue Stream | 11 Office Suites, 5 Retail Storefronts, and 2 Apartments
- Prominent Corner Exposure | High Visibility at Olive Avenue & Lincoln Street
- Fully Stabilized Income | 18 Total Units Across Retail, Office, and Residential Units
- All NNN Commercial Leases | Minimal Landlord Responsibilities
- Ample On-Site Parking | Convenient Alley Access for Tenants and Customers
RÉSUMÉ DE L'ANNONCE
The Hirth Group’s team comprised of Ethan Donel, Alex Reyhan, and Daniel Hirth have been exclusively retained by ownership to present 2221–2225 W. Olive Avenue, a fully occupied multi-tenant mixed-use investment opportunity featuring retail, office, and residential units in the heart of Burbank, California.
Situated on two contiguous parcels totaling ±10,100 SF of land, the property encompasses ±7,478 SF of building with eleven (11) office suites, five (5) retail storefronts, and two (2) apartment units. All commercial tenants operate on NNN leases, providing investors with a diversified and stable income stream. The asset has been meticulously maintained and offers significant upside potential through rent adjustments and tenant repositioning, with a projected pro forma yield of 7.27%. In addition, the property’s strong current CAP rate of 6.20% offers an attractive in-place return rarely found in the Burbank market.
Ideally positioned along Olive Avenue just minutes from the 134 Ventura Freeway, the property benefits from strong visibility and seamless access throughout the San Fernando Valley. Located within the “Media Capital of the World,” this offering sits at the center of a thriving creative and entertainment hub anchored by Disney, Warner Bros., and NBC Universal. Continued investment in the area - including Warner Bros.’ Ranch Lot expansion and the $1.1 billion Burbank Airport modernization - underscores the city’s long-term growth trajectory.
With limited supply of comparable multi-tenant assets and consistently high tenant demand, 2221–2225 W. Olive Avenue represents a rare opportunity to acquire a stable, income-producing property with immediate value-add potential in one of Southern California’s most resilient and desirable submarkets.
Situated on two contiguous parcels totaling ±10,100 SF of land, the property encompasses ±7,478 SF of building with eleven (11) office suites, five (5) retail storefronts, and two (2) apartment units. All commercial tenants operate on NNN leases, providing investors with a diversified and stable income stream. The asset has been meticulously maintained and offers significant upside potential through rent adjustments and tenant repositioning, with a projected pro forma yield of 7.27%. In addition, the property’s strong current CAP rate of 6.20% offers an attractive in-place return rarely found in the Burbank market.
Ideally positioned along Olive Avenue just minutes from the 134 Ventura Freeway, the property benefits from strong visibility and seamless access throughout the San Fernando Valley. Located within the “Media Capital of the World,” this offering sits at the center of a thriving creative and entertainment hub anchored by Disney, Warner Bros., and NBC Universal. Continued investment in the area - including Warner Bros.’ Ranch Lot expansion and the $1.1 billion Burbank Airport modernization - underscores the city’s long-term growth trajectory.
With limited supply of comparable multi-tenant assets and consistently high tenant demand, 2221–2225 W. Olive Avenue represents a rare opportunity to acquire a stable, income-producing property with immediate value-add potential in one of Southern California’s most resilient and desirable submarkets.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Sous-type de propriété
Taille du bâtiment
7 478 pi²
Classe d’immeuble
C
Année de construction
1956
Prix
6 230 250 $ CAD
Prix par pi²
833,14 $ CAD
Taux de capitalisation
6,20%
Revenu net d’exploitation
386 516 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
3 739 pi²
Dalle à dalle
11’
Coefficient d’occupation des sols de l’immeuble
0,75
Taille du lot
0,23 AC
Zonage
BUC2YY - Commercial
Stationnement
14 places (1,87 places par 1 000 pi² loué)
COMMODITÉS
- Accès 24 heures
- Restaurant
- Système de sécurité
- Affichage
- Climatisation
1 1
Walk Score®
Très pratique à pied (81)
Bike Score®
Très cyclable (72)
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 1 216 088 $ CAD | |
| Évaluation du terrain | 2 736 201 $ CAD | Évaluation totale | 3 952 289 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
2 736 201 $ CAD
Évaluation des bâtiments
1 216 088 $ CAD
Évaluation totale
3 952 289 $ CAD
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2221-2225 W Olive Ave
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