$5,830,000
$6,995,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
0.76 Acres Lot
SOLD DATE : 07/26/2023
Key Details
Sold Price $5,830,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB23044402
Sold Date 07/26/23
HOA Y/N No
Year Built 2007
Lot Size 0.756 Acres
Property Sub-Type Retail
Property Description
Rare Starbucks Center in City Of Burbank Available for sale. Starbucks (Corporate Guarantee) just extended their lease 5 year, they have 10% extensions every 5 years. Subway (Corporate Guarantee Lease) just extended their lease by 5 years with 3% annual increases and is in the process to start a remodel. Other tenants include: Smoke Shop, Ghost Pizza, Nailtastic & Aleppo Kitchen all with annual increases. Total Lot Size is 32,926 SF with 60 Parking Spaces.
Location
State CA
County Los Angeles
Area 610 - Burbank
Interior
Fireplace No
Laundry See Remarks
Building
Lot Description 0-1 Unit/Acre
Water Public
Others
Tax ID 2472016056
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Arbi Grigoryan Grigoryan Agency
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4016 Grand Ave Suite A # 1082, Chino, CA, 91710, United States