NNN Restaurant
11482 Burbank Blvd, Los Angeles, CA 91601
For Sale
$1,115,000
A freestanding restaurant is fully leased under an absolute NNN agreement with scheduled rent adjustments.
Property Size1,125 SF
Days on Market47
Property Features for 11482 Burbank Blvd
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Units
Listed By:
Nick Nekoo
(310) 906-0055
Source:
Elliman
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 8 at 6:56AM
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 Nick Nekoo
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Investment Insights
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Built in 2014, this freestanding restaurant is 100% leased under an absolute NNN agreement through 12/31/2029, with a 60-month renewal option. Contractual rent adjustments are set by a fixed schedule, and the stated cap rate is 5%. The property is zoned LAC4 and carries confirmed Transit Oriented Communities Tier 3 status.
North Hollywood Metro Station, served by the B/Red and G/Orange lines, is approximately 0.5 miles away. The separately available parcel at 11486 Burbank Blvd is contiguous; together, the two parcels are confirmed to support up to 23 mixed-use units across 6 stories under TOC Tier 3 zoning.
North Hollywood Metro Station, served by the B/Red and G/Orange lines, is approximately 0.5 miles away. The separately available parcel at 11486 Burbank Blvd is contiguous; together, the two parcels are confirmed to support up to 23 mixed-use units across 6 stories under TOC Tier 3 zoning.
Key Highlights
- 100% leased under an absolute NNN agreement through 12/31/2029
- 5% cap rate with contractual rent adjustments set by a fixed schedule
- 60‑month renewal option
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,359
Businesses Nearby
Explore this area
Business Placement
Demographics for 91601, CA
39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value
Market
Properties on Market for NNN properties in Los Angeles
Vacancy Rate% for Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
NNN property - A freestanding restaurant is fully leased under an absolute NNN agreement with scheduled rent adjustments.
Where is this nnn property located?
The property is located at 11482 Burbank Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,115,000.
What are key features of this property?
This property features: 100% leased under an absolute NNN agreement through 12/31/2029; 5% cap rate with contractual rent adjustments set by a fixed schedule; 60‑month renewal option
