Burbank Industrial Investment
For Sale
Contact for pricing
3312 Burton Avenue, Burbank, CA 91504
Two industrial buildings totaling 17,951 SF in Burbank, CA.
Property Size17,951 SF
Price / SF$425
Days on Market104
Property Features for 3312 Burton Avenue
General Information
Standard status
Active
Size
17,951 SF
Property subtype
Industrial
Zoning
M2
Investment Type
Owner/User
Building Details
Year Built
1955
Year Renovated
2025
Buildings
2
Tenancy
Multi
Listing Agency:
NAI Capital HQ
(818) 422-8658
Listed By:
Chad Gahr · License #CA 01230414
Source:
Crexi
Added: May 20
Changed: Aug 24
Last Checked: Aug 29 at 11:34PM
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 NAI Capital HQ
Investment Insights
Based on property information with market context.
Located in the Burbank industrial submarket, the property consists of two buildings. The building at 3312-14 Burton Avenue is a fully leased two-tenant building totaling approximately 8,848 square feet. Unit 3312 Burton Ave offers 4,200 square feet and is leased through December 31, 2027. Unit 3314 Burton Avenue provides 4,648 square feet and is leased through April 30, 2027. The building at 3316–3318 Burton Avenue is a fully renovated, free-standing industrial property totaling approximately 9,103 square feet. This property is divisible into two units of approximately 4,552 square feet each, offering flexibility for either a single owner occupant or a multi-tenant configuration. Unit 3316 Burton Ave offers 4,552 square feet and is vacant. Unit 3318 Burton Avenue provides 4,551 square feet and is also vacant.
Key Highlights
- Located in the highly desirable Burbank industrial submarket.
- Fully renovated, free‑standing industrial property totaling ±9,103 square feet at 3316‑3318 Burton Avenue.**
- 3316–3318 Burton Avenue is divisible into two (2) ±4,552 SF units.
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
$222,998
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
2.92%
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%
$4,459,960
$4.5M
Cap Rate 7%
$3,185,686
$3.2M
Cap Rate 9%
$2,477,756
$2.5M
Market Conditions
NOI Build-Up for 17,951 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
$340.4K $18.96/SF
− Vacancy
−$21.8K −$1.21/SF
EGI
$318.6K $17.75/SF
− OpEx
−$95.6K −$5.32/SF
NOI
$223.0K $12.42/SF
Area
Burbank, CA
Vacancy
6.40%
Lease Rate
$18.96 /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%
$4,459,960
Cap Rate 7%
$3,185,686
Cap Rate 9%
$2,477,756
Alternative Uses
Best Use
Industrial
$3.19M
$2.79M – $3.72M
NOI $222,998 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$363.68M
$318.22M – $424.29M
NOI $25,457,354 @ 7.0% cap · market cap 333.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,230
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 Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial property - Two industrial buildings totaling 17,951 SF in Burbank, CA.
Where is this industrial property located?
The property is located at 3312 Burton Avenue Burbank, CA.
What is the asking price?
The asking price for this property is $7,629,175.
What are key features of this property?
This property features: Located in the highly desirable Burbank industrial submarket.; Fully renovated, free‑standing industrial property totaling ±9,103 square feet at 3316‑3318 Burton Avenue.**; 3316–3318 Burton Avenue is divisible into two (2) ±4,552 SF units.
