Industrial Building with Fenced
New
For Sale
Contact for pricing
1105-1111 Chestnut St, Burbank, CA 91506
Office space can be reconfigured, with exclusive access to a fenced parking lot across the street.
Property Size15,600 SF
Price / SF$384.62
Days on Market4
Property Features for 1105-1111 Chestnut St
General Information
Standard status
Active
Size
15,600 SF
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Building Details
Buildings
1
Listing Agency:
Newmark
(213) 596-2222
Listed By:
John DeGrinis, SIOR · License #00918958
(818) 618-6955
Source:
Moodyscre
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark
Investment Insights
Based on property information with market context.
This freestanding industrial building contains 15,600 square feet and includes a fenced yard at the rear. The office area can be modified to suit operational needs.
Exclusive access to an 8,750-square-foot fenced parking lot across the street adds a separate parking area. The property is approximately one mile from I-5.
Exclusive access to an 8,750-square-foot fenced parking lot across the street adds a separate parking area. The property is approximately one mile from I-5.
Key Highlights
- 15,600‑square‑foot freestanding industrial building
- Fenced rear yard
- Exclusive access to an 8,750 SF fenced parking lot across the street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$193,792
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,875,840
$3.9M
Cap Rate 7%
$2,768,457
$2.8M
Cap Rate 9%
$2,153,244
$2.2M
Market Conditions
NOI Build-Up for 15,600 SF
Gross rent
$295.8K $18.96/SF
− Vacancy
−$18.9K −$1.21/SF
EGI
$276.8K $17.75/SF
− OpEx
−$83.1K −$5.32/SF
NOI
$193.8K $12.42/SF
Area
Burbank, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,875,840
Cap Rate 7%
$2,768,457
Cap Rate 9%
$2,153,244
Alternative Uses
Best Use
Industrial
$2.77M
$2.42M – $3.23M
NOI $193,792 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$316.05M
$276.54M – $368.72M
NOI $22,123,264 @ 7.0% cap · market cap 368.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,962
Businesses Nearby
Explore this area
Business Placement
Demographics for 91506, CA
19,338
Population
8,530
Households
2.3
Avg Household Size
43
Median Age
47%
College-Educated
94%
High-School Grad
2.4 sq mi
ZIP Area
8,058
Density / Sq Mi
$107,171
Median Household Income
$60,017
Median Earnings
$1,913
Median Rent
$1,055,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Industrial property - Office space can be reconfigured, with exclusive access to a fenced parking lot across the street.
Where is this industrial property located?
The property is located at 1105-1111 Chestnut St Burbank, CA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 15,600‑square‑foot freestanding industrial building; Fenced rear yard; Exclusive access to an 8,750 SF fenced parking lot across the street
