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2205 Hollywood Way Burbank, CA 91505

8,400 SF Flex Space, High NOI Potential

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 8,400-square-foot industrial property in Burbank, CA, presents a compelling investment or owner-user opportunity. Located at 2205 N Hollywood Way, this single-story, Class B building sits on a 14,690-square-foot lot and boasts a 13-foot ceiling height. Currently leased under a NNN agreement with a remaining term of approximately 1.4 years (expiring 04/10/2026), the property offers significant upside potential due to below-market rent. The current NOI is $117,624, with a pro-forma NOI of $220,000 reflecting market rent. The property features 20 parking spaces and benefits from its prime location just three minutes from Hollywood Burbank Airport, providing excellent visibility and signage opportunities. The M1 zoning allows for diverse uses. This is a rare chance to acquire a freestanding industrial property in a thriving Burbank location, known for its high concentration of media companies and strong job market. The property includes one building, built in 1956, and offers a 3% rent bump provision. Adjacent property (2211 N Hollywood Way) is also available for sale. This presents a unique opportunity for investors seeking immediate income and long-term appreciation in a high-demand market.

Highlights

  • 8,400 SF freestanding industrial building on a 0.34-acre lot in Burbank, CA.
  • Located at 2205 N Hollywood Way, three minutes from Hollywood Burbank Airport.
  • Single-story, Class B building with 13-foot ceilings and 20 parking spaces.
  • Currently leased NNN with 1.4 years remaining (expiring 04/10/2026), offering significant upside potential due to below-market rent; current NOI $117,624, pro-forma NOI $220,000.
  • M1 zoning allows for diverse uses; 3% annual rent bump provision.
  • Adjacent property (2211 N Hollywood Way) also available for sale.

Property Details for 2205 Hollywood Way

Property type
Warehouses, Industrial properties
Square Feet
8,400 SF
Class
B
Year Built
1956
Buildings
1
Stories
1
Units
1

Location Insight

City
Burbank
County
Los Angeles
State
California
Latitude
34.1888902
Longitude
-118.3493908

FAQs

What type of property is this?
Warehouse - 8,400 SF Flex Space, High NOI Potential
Where is the warehouse located?
The property is located at 2205 Hollywood Way Burbank, CA.
What are key features of this property?
This property features: 8,400 SF freestanding industrial building on a 0.34-acre lot in Burbank, CA.; Located at 2205 N Hollywood Way, three minutes from Hollywood Burbank Airport.; Single-story, Class B building with 13-foot ceilings and 20 parking spaces.
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2205 Hollywood Way
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