Divisible Flex Office
For Sale
Contact for pricing
3318 Burton Ave, Burbank, CA 91504
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 Market197
Property Features for 3318 Burton Ave
General Information
Standard status
Active
Size
9,103 SF
Property subtype
Industrial
Zoning
M2
Site & Location
Neighborhood
Vega
Additional Details
Heavy Power
Yes
Building Details
Year Built
1955
Year Renovated
2026
Units
2
Listing Agency:
NAI Capital HQ
Listed By:
Chad Gahr · License #CA 01230414
(818) 742-1626
Source:
Crexi
Added: Apr 17
Changed: Oct 25
Last Checked: Oct 30 at 1:45PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$113,083
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,261,660
$2.3M
Cap Rate 7%
$1,615,471
$1.6M
Cap Rate 9%
$1,256,478
$1.3M
Market Conditions
NOI Build-Up for 9,103 SF
Gross rent
$172.6K $18.96/SF
− Vacancy
−$11.0K −$1.21/SF
EGI
$161.5K $17.75/SF
− OpEx
−$48.5K −$5.32/SF
NOI
$113.1K $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 Rate 5%
$2,261,660
Cap Rate 7%
$1,615,471
Cap Rate 9%
$1,256,478
Alternative Uses
Best Use
Industrial
$1.62M
$1.41M – $1.88M
NOI $113,083 @ 7.0% cap · market cap 2.92%
Second Best
Flex RnD
$1.50M
$1.31M – $1.75M
NOI $105,006 @ 7.0% cap · market cap 2.71%
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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
