3830 West Verdugo Ave Burbank, CA 91505
Infill shopping center anchored by Smart & Final and CVS.
Source:
Nmrk
Listing Agent: Bill Bauman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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
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Location Insight
- Map
- Local Demand
- City
- Burbank
- County
- Los Angeles
- State
- California
- Longitude
- -118.30072
- Latitude
- 34.1813891
Nearby Similar for Sale
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.