Burbank Boulevard Commercial
For Sale
Contact for pricing
3500 W Burbank Blvd, Burbank, CA 91505
Commercial property in high-demand Burbank market with excellent exposure.
Property Size8,830 SF
Price / SF$537.94
Days on Market153
Property Features for 3500 W Burbank Blvd
General Information
Standard status
Active
Size
8,830 SF
Total Parking Spaces
24
Property subtype
Office
Zoning
BUC3
Investment Type
Owner/User
Building Details
Year Built
2003
Buildings
1
Stories
2
Listing Agency:
IKON Properties
Listed By:
Blas Fernandez · License #CA 02012036
(818) 246-1099
Source:
Crexi
Added: May 15
Changed: Oct 7
Last Checked: Oct 12 at 8:14PM
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 IKON Properties
Investment Insights
Based on property information with market context.
Located on Burbank Boulevard in Burbank, this property is situated in a commercial hub surrounded by retail, office, entertainment, and service-oriented businesses. The property benefits from street frontage and visibility along a heavily traveled thoroughfare, offering exposure to vehicular and pedestrian traffic. The location supports a variety of commercial uses including retail, office, showroom, or professional service operations, subject to zoning and city approval. The property also offers access to the 5 and 134 freeways, providing connectivity throughout Burbank, the San Fernando Valley, and greater Los Angeles. With its central infill location and placement within one of Burbank’s active commercial corridors, the property presents an opportunity for owner-users and investors seeking a well-positioned asset in a high-demand market. The property size is 8830 square feet.
Key Highlights
- Prime location on Burbank Boulevard in a high‑demand media and commercial hub.
- High visibility with strong street frontage and exposure to heavy vehicular and pedestrian traffic.
- Versatile commercial uses possible (retail, office, showroom, etc., subject to zoning).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$189,139
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,782,780
$3.8M
Cap Rate 7%
$2,701,986
$2.7M
Cap Rate 9%
$2,101,544
$2.1M
Market Conditions
NOI Build-Up for 8,830 SF
Gross rent
$296.7K $33.60/SF
− Vacancy
−$44.5K −$5.04/SF
EGI
$252.2K $28.56/SF
− OpEx
−$63.0K −$7.14/SF
NOI
$189.1K $21.42/SF
Area
Burbank, CA
Vacancy
15.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,782,780
Cap Rate 7%
$2,701,986
Cap Rate 9%
$2,101,544
Alternative Uses
Best Use
Office B
$2.70M
$2.36M – $3.15M
NOI $189,139 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$178.89M
$156.53M – $208.71M
NOI $12,522,335 @ 7.0% cap · market cap 263.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,885
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Commercial property in high-demand Burbank market with excellent exposure.
Where is this office building located?
The property is located at 3500 W Burbank Blvd Burbank, CA.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Prime location on Burbank Boulevard in a high‑demand media and commercial hub.; High visibility with strong street frontage and exposure to heavy vehicular and pedestrian traffic.; Versatile commercial uses possible (retail, office, showroom, etc., subject to zoning).
