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3830 West Verdugo Ave Burbank, CA 91505

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Infill shopping center anchored by Smart & Final and CVS.

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Listing Contact
Bill Bauman
Source: Nmrk

Listing Agent: Bill Bauman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Burbank Grocery Anchored Shopping Center

The Ranch is an 85,777-square-foot infill shopping center in Burbank. It is anchored by Smart & Final (27,381 SF) and CVS (25,500 SF). The center also includes restaurants and specialty operators, such as Starbucks, California Fish Grill, The Joint, Urbane Café, Verizon, Western Bagel, and Pilates Plus. The property has been recently renovated. It is located at the intersection of Verdugo Avenue and Hollywood Way, adjacent to the newly constructed Ranch Lot Studios, a 926,000 square foot campus featuring studio, office, and production facilities. Worthe Real Estate Group is completing development of Ranch Lot Studios, which will feature 16 sound stages and 320,000 square feet of entertainment-oriented office space. Burbank is home to Walt Disney Company world headquarters, ABC Television, Warner Bros. Studios, iHeart Media, New Line Cinema, PBS SoCal, Legendary Entertainment, and DC Comics. The location has over 580,000 residents with average household incomes exceeding $128,000 within the primary trade area. Smart & Final ($1.94 PSF) and CVS ($1.57 PSF) leases are at under market rents with no additional options to extend. The property is located at the corner of two major arterials.
Location Intelligence

Current Use by Public Records

Smart & Final Extra! Wholesaler KeyMe Locksmiths Key Duplication Service

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Burbank Towne Center, Lakeside Shopping Center, Coinstar Kiosk | Bitcoin ATM, Tour Center-Building 128 05/14/

Location Insight

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  • Local Demand
City
Burbank
County
Los Angeles
State
California
Longitude
-118.30072
Latitude
34.1813891

FAQs

What type of property is this?
Shopping center - Infill shopping center anchored by Smart & Final and CVS.
Where is this shopping center located?
The property is located at 3830 West Verdugo Ave Burbank, CA.
What are key features of this property?
This property features: - Significant income growth potential by increasing rents on anchor tenants Smart & Final and CVS.; - Located adjacent to the newly constructed Ranch Lot Studios, a 926,000 square foot state-of-the-art sound stage and studio production facility.; - Anchored by Smart & Final and CVS, providing stable customer traffic.
More about this property
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