For Sale
$19,500,000

601 Glenoaks BlvdBurbank, CA 91502

Prime Burbank Office, High NOI, 7.5% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional executive office building, located at 601 S Glenoaks Blvd in Burbank, California (zip code 91502), presents a compelling investment opportunity. The property boasts a desirable location in Los Angeles County and offers a flexible square footage ranging from 898 to 11,000 square feet, catering to a variety of business needs. Currently listed at $19,500,000, this property offers a strong net operating income (NOI) of $1,462,500, resulting in an attractive 7.5% capitalization rate. The building's classification as an "Executive Office" suggests high-quality finishes and amenities, making it an ideal location for discerning businesses. This Burbank address provides excellent access to major transportation arteries and is situated within a thriving commercial district. The property's strong financial performance, combined with its prime location and flexible space options, makes it an exceptional investment prospect for those seeking a stable and high-yielding asset in the Southern California market. Detailed financial statements and property information are available upon request. This is a rare opportunity to acquire a well-performing executive office building in a highly sought-after Burbank location.

Highlights

  • Sale Price: $19,500,000
  • NOI: $1,462,500
  • Cap Rate: 7.5%

Property Details for 601 Glenoaks Blvd

Property type
Office properties
Square Feet
898 SF

Location Insight

City
Burbank
County
Los Angeles
State
California
Latitude
34.179125
Longitude
-118.3013233
601 Glenoaks Blvd, Burbank, California

FAQs

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601 Glenoaks Blvd
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