Corner Retail Storefront
12450 Burbank Blvd, Valley Village, CA 91607
For Sale
Contact for pricing
Two available former healthcare and retail uses in a high-traffic corner center with strong retail co-tenants.
Property Size17,025 SF
Days on Market140
Property Features for 12450 Burbank Blvd
General Information
Standard status
Size
Property subtype
Lease Term
Additional Details
Highway Access
Building Details
Building Size
Year Built
Properties For Sale
at 12450 Burbank Blvd
12450 Burbank Boulevard "D"
Size
1,436 SF
Term
Negotiable
Listed By:
Brett Mero · License CA #01190225
(818) 693-3200
Source:
Cbm1
Added: Jun 24
Changed: Nov 5
Last Checked: Nov 10 at 7:55AM
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 Brett Mero
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering includes approximately 1,436 SF of space that was previously a dry cleaner, with an additional approximately 1,436 SF former dental space also available. The suites are located within a corner retail center and are suited for neighborhood-serving businesses seeking an exposed storefront presence. Signage opportunities are available, including pylon signage.
The property sits at a signalized intersection within a high-traffic retail environment, providing convenient access for customers and staff. The center’s co-tenants include 7-Eleven, Tel Aviv Grill, Subway, and additional retailers, supporting everyday foot traffic. Nearby access to the 170 and 101 freeways helps connect the center to the broader Valley area, and the listing notes proximity to Los Angeles Valley College.
For tenants or buyers, these spaces may work well for operators looking to open or relocate into a multi-tenant shopping center with an established mix of popular daily-use brands. With corner placement and access at a signalized intersection, the location is designed to support consumer-driven activity. Prospective users should review the intended use for their specific build-out needs based on the prior dry cleaner and dental configurations.
The property sits at a signalized intersection within a high-traffic retail environment, providing convenient access for customers and staff. The center’s co-tenants include 7-Eleven, Tel Aviv Grill, Subway, and additional retailers, supporting everyday foot traffic. Nearby access to the 170 and 101 freeways helps connect the center to the broader Valley area, and the listing notes proximity to Los Angeles Valley College.
For tenants or buyers, these spaces may work well for operators looking to open or relocate into a multi-tenant shopping center with an established mix of popular daily-use brands. With corner placement and access at a signalized intersection, the location is designed to support consumer-driven activity. Prospective users should review the intended use for their specific build-out needs based on the prior dry cleaner and dental configurations.
Key Highlights
- ±1,436 SF former dry cleaner space in a high‑traffic corner retail center
- Signalized intersection location with pylon signage available
- Convenient access to nearby I‑170 and U.S. 101 freeways
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,232
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,640
$544.6K
Cap Rate 7%
$389,029
$389.0K
Cap Rate 9%
$302,578
$302.6K
Market Conditions
NOI Build-Up for 1,436 SF
Gross rent
$48.6K $33.84/SF
− Vacancy
−$3.2K −$2.23/SF
EGI
$45.4K $31.61/SF
− OpEx
−$18.2K −$12.64/SF
NOI
$27.2K $18.96/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,640
Cap Rate 7%
$389,029
Cap Rate 9%
$302,578
Alternative Uses
Best Use
Retail
$453.9K
$397.1K – $529.5K
NOI $31,771 @ 7.0% cap
Second Best
Office B
$448.4K
$392.4K – $523.2K
NOI $31,390 @ 7.0% cap
Theoretical Best
Office A
$768.8K
$672.7K – $897.0K
NOI $53,818 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,825
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91607, CA
30,502
Population
14,597
Households
2.1
Avg Household Size
38
Median Age
52%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
12,201
Density / Sq Mi
$84,925
Median Household Income
$50,970
Median Earnings
$1,998
Median Rent
$1,019,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Shopping centers in Los Angeles County
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Kroger - Ralphs Grocery Co, 12921 Magnolia Blvd, Van Nuys, CA 91423
- Coin Cloud Bitcoin ATM — 5406 Whitsett Ave, Los Angeles, CA 91607
- Burbank Kafco Plaza — 12474 Burbank Blvd, Valley Village, CA 91607
- Monteleone Plaza — 12439 Oxnard St, Valley Glen, CA 91606
- Coin Cloud Bitcoin ATM — 12515 Oxnard St, Valley Glen, CA 91606
Frequently Asked Questions
What type of property is this?
Shopping center - Two available former healthcare and retail uses in a high-traffic corner center with strong retail co-tenants.
Where is this shopping center located?
The property is located at 12450 Burbank Blvd Valley Village, CA.
What are key features of this property?
This property features: ±1,436 SF former dry cleaner space in a high‑traffic corner retail center; Signalized intersection location with pylon signage available; Convenient access to nearby I‑170 and U.S. 101 freeways
