Freestanding NNN Restaurant
New
For Sale
$1,115,000
11482 Burbank Boulevard, North Hollywood, CA 91601
The restaurant is leased under an absolute NNN structure with a renewal option.
Property Size1,125 SF
Days on Market6
Property Features for 11482 Burbank Boulevard
General Information
Standard status
Active
Size
1,125 SF
Property subtype
Mixed Use
Zoning
LAC4
Occupancy
100%
Additional Details
Cap Rate
5%
Building Details
Building Size
1,125 SF
Year Built
2014
Buildings
1
Listing Agency:
Prestige Beverly Hills
Listed By:
Nick Nekoo · License #01337329
Source:
Truthrealty
Added: Sep 22
Changed: Sep 26
Last Checked: Sep 26 at 2:53PM
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 Prestige Beverly Hills
Investment Insights
Based on property information with market context.
Built in 2014, this freestanding restaurant property is fully leased under an absolute NNN agreement through December 31, 2029, with a 60-month renewal option. The lease includes fixed rental adjustments, and the property is reported at a 5% cap rate.
The site is zoned LAC4 and holds confirmed TOC Tier 3 status. North Hollywood Metro Station, served by the B/Red and G/Orange lines, is approximately 0.5 miles away. State law AB 2097 removes the minimum parking requirement.
The neighboring parcel at 11486 Burbank Boulevard is separately available. Together, the two contiguous parcels can support as many as 23 mixed-use units across 6 stories under the confirmed TOC Tier 3 designation.
The site is zoned LAC4 and holds confirmed TOC Tier 3 status. North Hollywood Metro Station, served by the B/Red and G/Orange lines, is approximately 0.5 miles away. State law AB 2097 removes the minimum parking requirement.
The neighboring parcel at 11486 Burbank Boulevard is separately available. Together, the two contiguous parcels can support as many as 23 mixed-use units across 6 stories under the confirmed TOC Tier 3 designation.
Key Highlights
- Absolute NNN lease runs through 12/31/2029, with a 60‑month renewal option
- Reported 5% cap rate; lease includes fixed rental adjustments
- 2014 construction
Property Analytics
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Current Use
Lease Details
100%
Occupancy
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
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
NNN property - The restaurant is leased under an absolute NNN structure with a renewal option.
Where is this nnn property located?
The property is located at 11482 Burbank Boulevard North Hollywood, 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: Absolute NNN lease runs through 12/31/2029, with a 60‑month renewal option; Reported 5% cap rate; lease includes fixed rental adjustments; 2014 construction
