Divisible Flex Office
3318 Burton Ave Burbank, CA 91504
For Sale
Contact for pricing
Fully renovated free-standing building with 100% HVAC, new roof, and divisible units with separately metered power.
Property Size9,103 SF
Price / SF$425
Days on Market104
Property Features for 3318 Burton Ave
General Information
Standard status
Active
Size
9,103 SF
Property subtype
INDUSTRIAL
Listing Agency:
NAI Capital
(818) 742-1626
Listed By:
Chad Gahr · License #00914504
(818) 742-1626
Source:
Moodyscre
Added: Apr 17
Changed: Jul 28
Last Checked: Jul 29 at 3:23PM
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
Investment Insights
Based on property information with market context.
This fully renovated, free-standing building offers 100% HVAC and modern building systems and finishes, including a new roof, new offices, new LED lighting, and a new stucco facade. The property is divisible into two units of equal size, each with separately metered power for independent operations.
Power service is supported by 800 amps of 120/208-volt, 3-phase electricity, and the HVAC scope includes 16 tons of new capacity. Exterior improvements include a new parking lot and an automated wrought iron gate.
Designed to accommodate multiple occupants, the layout allows for separate unit configuration while maintaining a cohesive building footprint.
Power service is supported by 800 amps of 120/208-volt, 3-phase electricity, and the HVAC scope includes 16 tons of new capacity. Exterior improvements include a new parking lot and an automated wrought iron gate.
Designed to accommodate multiple occupants, the layout allows for separate unit configuration while maintaining a cohesive building footprint.
Key Highlights
- Fully renovated free‑standing building with 100% HVAC and new roof
- Divisible into (2) 4,552 SF units with separately metered power
- New HVAC system: 16 tons of new HVAC
Financial Insights For Office B
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 | $305.9k | $33.60 |
| − Vacancy | −$45.9k | −$5.04 |
| EGI | $260.0k | $28.56 |
| − OpEx | −$65.0k | −$7.14 |
| NOI | $195.0k | $21.42 |
9,103 SF · lease $33.60/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.79M
$2.44M – $3.25M
NOI $194,986 @ 7.0% cap · market cap 5.04%
Second Best
Industrial
$1.62M
$1.41M – $1.88M
NOI $113,083 @ 7.0% cap · market cap 2.92%
Theoretical Best
Multifamily LT 5
$184.42M
$161.37M – $215.16M
NOI $12,909,492 @ 7.0% cap · market cap 333.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Marie’s Southern Comfort — Winona Ave, Burbank, CA 91504
Frequently Asked Questions
What type of property is this?
Flex space - Fully renovated free-standing building with 100% HVAC, new roof, and divisible units with separately metered power.
Where is this flex space located?
The property is located at 3318 Burton Ave Burbank, CA.
What is the asking price?
The asking price for this property is $3,868,775.
What are key features of this property?
This property features: Fully renovated free‑standing building with 100% HVAC and new roof; Divisible into (2) 4,552 SF units with separately metered power; New HVAC system: 16 tons of new HVAC
