Retail Storefront
2721 W Magnolia Blvd Burbank, CA 91505
For Sale
Contact for pricing
Retail property offered for lease or sale, totaling 15,047 square feet.
Property Size15,047 SF
Price / SF$578.19
Days on Market325
Property Features for 2721 W Magnolia Blvd
General Information
- Standard status
- Active
- Size
- 15,047 SF
- Property subtype
- RETAIL
Listing Agency:
Marcus & Millichap
(818) 212-2776
Listed By:
Martin Agnew · License #01339034
Source:
Moodyscre
Added: Sep 3, 2025
Changed: Jul 23
Last Checked: Jul 23 at 2:53AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
This retail storefront property is available for lease or sale. The asset totals 15,047 square feet and is positioned as a retail commercial real estate offering.
The property is located at 2721 W Magnolia Blvd in Burbank, CA 91505.
For more information on leasing and sale terms, as well as property details beyond the available summary, please contact the listing broker.
The property is located at 2721 W Magnolia Blvd in Burbank, CA 91505.
For more information on leasing and sale terms, as well as property details beyond the available summary, please contact the listing broker.
Key Highlights
- Retail property available for lease or sale
- Total building size: 15,047 SF
Financial Insights For Retail
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 | $556.1k | $36.96 |
| − Vacancy | −$12.8k | −$0.85 |
| EGI | $543.3k | $36.11 |
| − OpEx | −$163.0k | −$10.83 |
| NOI | $380.3k | $25.28 |
15,047 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$5.43M
$4.75M – $6.34M
NOI $380,342 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$304.84M
$266.74M – $355.65M
NOI $21,339,023 @ 7.0% cap · market cap 245.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Naimie's - Burbank
Cosmetic Store
Similar Off Market Nearby
- Meme Blooms Floral Concepts — 2309 w olive ave unite a, burbank, ca 91506
- Magnolia Village Flower — 3301 W Magnolia Blvd, Burbank, CA 91505
- Ace of Vase — 1928 W Olive Ave, Burbank, CA 91506
- Le Jardin Privé — 1020 N Hollywood Way, Burbank, CA 91505
- In Blume — 3318 W Magnolia Blvd, Burbank, CA 91505
FAQs
What type of property is this?
Storefront property - Retail property offered for lease or sale, totaling 15,047 square feet.
Where is this storefront property located?
The property is located at 2721 W Magnolia Blvd Burbank, CA.
What is the asking price?
The asking price for this property is $8,700,000.
What are key features of this property?
This property features: Retail property available for lease or sale; Total building size: 15,047 SF
