Freestanding Retail
For Sale
Contact for pricing
2700 W Burbank Blvd, Burbank, CA 91505
Retail property offering approximately 2,765 square feet of commercial space.
Property Size2,765 SF
Price / SF$777.58
Days on Market17
Property Features for 2700 W Burbank Blvd
General Information
Standard status
Active
Size
2,765 SF
Property subtype
RETAIL
Listing Agency:
Gribin Properties
(818) 225-0097
Listed By:
Rob Fullarton
(818) 225-0097
Source:
Moodyscre
Added: Aug 14
Changed: Aug 21
Last Checked: Aug 29 at 8:14AM
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 Gribin Properties
Investment Insights
Based on property information with market context.
This freestanding retail building contains approximately 2,765 square feet of commercial space. The property is offered for sale and is located at 2700 W Burbank Blvd in Burbank, California 91505.
Key Highlights
- Approximately 2,765 square feet of retail space
- Located at 2700 W Burbank Blvd
- For‑sale retail property in Burbank, CA
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$69,891
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,397,820
$1.4M
Cap Rate 7%
$998,443
$998.4K
Cap Rate 9%
$776,567
$776.6K
Market Conditions
NOI Build-Up for 2,765 SF
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.
Gross rent
$102.2K $36.96/SF
− Vacancy
−$2.4K −$0.85/SF
EGI
$99.8K $36.11/SF
− OpEx
−$30.0K −$10.83/SF
NOI
$69.9K $25.28/SF
Area
Burbank, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,397,820
Cap Rate 7%
$998,443
Cap Rate 9%
$776,567
Alternative Uses
Best Use
Retail
$998.4K
$873.6K – $1.16M
NOI $69,891 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$56.02M
$49.02M – $65.35M
NOI $3,921,207 @ 7.0% cap · market cap 182.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,921
Businesses Nearby
165k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Shops & Services 39%
Dining 16%
Beauty & Spa 1%
Ralphs
Groceries
70,338 visits/mo
0.4 miles
76
Shops & Services
27,188 visits/mo
0.4 miles
Dollar Tree
Shops & Services
14,123 visits/mo
0.4 miles
Taco Bell
Dining
11,694 visits/mo
0.5 miles
7-Eleven
Shops & Services
10,509 visits/mo
0.1 miles
Demographics for 91505, CA
32,371
Population
14,258
Households
2.3
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
5,995
Density / Sq Mi
$106,364
Median Household Income
$60,859
Median Earnings
$2,284
Median Rent
$992,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property offering approximately 2,765 square feet of commercial space.
Where is this retail space located?
The property is located at 2700 W Burbank Blvd Burbank, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Approximately 2,765 square feet of retail space; Located at 2700 W Burbank Blvd; For‑sale retail property in Burbank, CA
