1420 West Olive Avenue Burbank, CA 91506

Located in Burbank, California, the property at 1420 West Olive Avenue is a freestanding office building offering 13,600 square feet of space. Situated at a prominent six-way intersection, the property benefits from dual access points on Olive and Verdugo Avenues, ample on-site parking, and street visibility. The building is fully leased under a newly executed 15-year term to the U.S. General Services Administration (GSA) for use as a Social Security Administration (SSA) branch office. The lease is backed by the full faith and credit of the United States of America, which holds a Aa1 credit rating from Moody’s Investors Service. The GSA is widely regarded as one of the most reliable tenants in the market, with historically strong renewal rates. This branch, which was consolidated from other branches, is known as the Media Cities Social Secuirty Administration Office, it provides a multitude of services (including appeals, added in 2018) to a large geographic area. The property is located within one of Burbank’s most desirable submarkets and offers convenient access to Hollywood, Glendale, and the greater San Fernando Valley. The building is surrounded by a mix of retail, dining, and lifestyle amenities.