Built-Out Flex Office
For Sale
Contact for pricing
Pending
2711 Winona Ave, Burbank, CA 91504
Built-out office space with flex/R&D capability, including five restroom pairs and an additional executive restroom.
Property Size46,715 SF
Days on Market564
Property Features for 2711 Winona Ave
General Information
Standard status
Pending
Size
46,715 SF
Property subtype
OFFICE
Building Details
Tenancy
Single
Listing Agency:
CBRE
(818) 406-3658
Listed By:
Greg Barsamian · License #00873206
(818) 406-3658
Source:
Moodyscre
Added: Jan 16, 2025
Changed: Jul 27
Last Checked: Aug 2 at 10:10AM
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 CBRE
Investment Insights
Based on property information with market context.
This built-out single-tenant office/flex facility is currently configured as office space and may support a multi-tenant layout. The interior includes fluorescent lighting and a restroom setup featuring five restroom pairs plus a single executive restroom. The property was originally used for production/printing, and the current improvements are described as suitable for flex/R&D or traditional office use.
The facility is located at 2711 Winona Ave in Burbank, CA 91504. The existing built-out configuration and prior production/printing use may be relevant for media, tech, or owner-users seeking a flexible office environment.
Functionally, the space is designed for office operations with the option to adapt within its current flex/R&D-ready build-out.
The facility is located at 2711 Winona Ave in Burbank, CA 91504. The existing built-out configuration and prior production/printing use may be relevant for media, tech, or owner-users seeking a flexible office environment.
Functionally, the space is designed for office operations with the option to adapt within its current flex/R&D-ready build-out.
Key Highlights
- Single‑tenant currently; multi‑tenant possible
- Built‑out office with flex/R&D capability
- Includes five pairs of RR and an additional executive restroom
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $885.7k | $18.96 |
| − Vacancy | −$56.7k | −$1.21 |
| EGI | $829.0k | $17.75 |
| − OpEx | −$248.7k | −$5.32 |
| NOI | $580.3k | $12.42 |
46,715 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Office B
$14.29M
$12.51M – $16.68M
NOI $1,000,635 @ 7.0% cap · market cap 9.23%
Second Best
Industrial
$8.29M
$7.25M – $9.67M
NOI $580,321 @ 7.0% cap · market cap 5.35%
Theoretical Best
Multifamily LT 5
$946.42M
$828.12M – $1,104.15M
NOI $66,249,250 @ 7.0% cap · market cap 611.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,239
Businesses Nearby
Explore this area
Business Placement
Demographics for 91504, CA
26,678
Population
10,629
Households
2.5
Avg Household Size
40
Median Age
45%
College-Educated
93%
High-School Grad
9.3 sq mi
ZIP Area
2,869
Density / Sq Mi
$103,164
Median Household Income
$57,561
Median Earnings
$2,147
Median Rent
$1,046,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Built-out office space with flex/R&D capability, including five restroom pairs and an additional executive restroom.
Where is this office building located?
The property is located at 2711 Winona Ave Burbank, CA.
What is the asking price?
The asking price for this property is $10,837,000.
What are key features of this property?
This property features: Single‑tenant currently; multi‑tenant possible; Built‑out office with flex/R&D capability; Includes five pairs of RR and an additional executive restroom
