2228 North Hollywood Way, Burbank, CA 91505, USA Under Contract Print this page

$3,200,000 

Industrial Owner User or Development Opportunity

2228 North Hollywood Way, Burbank, CA 91505, USA

PROPERTY INFORMATION

BUILDING SIZE 13,856 SF NO. STORIES 1
PRICE/SF $230.95 YEAR BUILT 1947
PROPERTY TYPE Industrial CLEAR CEILING HEIGHT 14 FT
PROPERTY SUB-TYPE Manufacturing DRIVE IN/GRADE – LEVEL DOORS 3
ADDITIONAL SUB-TYPE Warehouse PARKING RATIO 5.00 / 1,000 SF
 PROPERTY USE TYPE  Vacant/Owner-User  LOT SIZE  34,826 SF

HIGHLIGHTS

  • Excellent Owner User Opportunity-90% Financing Available through SBA
  • M2 Zoned Allowing for a Myriad of Potential Uses
  • Easy Access To The 5 and 134 Freeway
  • Low building to land ratio offers an opportunity for expansion or redevelopment in the future
  • Own versus Lease- Purchase as an owner user and capitalize on the low interest rate financing
  • Offered at $91 PSFT on Land

DESCRIPTION

Hudson Partners is pleased to present an excellent owner user industrial property located at 2228 Hollywood Way in the city of Burbank. The subject property consists of an approximately 13,856 SF industrial building situated on 34,826 SF of land. The property has excellent exposure along Hollywood Way with traffic counts of 33,996 cars per day. The offering provides an excellent opportunity for an owner/user to acquire a property with 10% down.. Now is the time to take advantage of low interest rates and protect your business from future rental market spike. Rather than paying rent to a landlord, your rent will pay off the property mortgage and provide a more attractive after tax return.Net occupancy cost after ownership benefits excluding appreciation is approximately $0.66 per-square foot.


LOCATION OVERVIEW

The subject property is located in prestigious creative entertainment capital of the world. In addition it is located to proximate vicinity to Warner Bros. Studios, Disney’ s Grand Central Campus, DreamWorks, NBC Studios, Nickelodeon and Turner Cartoon Networks. Furthermore the property benefits from excellent Freeway access via the 134 and 5 Freeway.


 

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