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2000 Hollywood Way Burbank, CA 91505

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High-Yield Burbank Shopping Center

Property size:
61,690 SF

Property Features for 2000 Hollywood Way

General Information

Property type
Lifestyle centers
Square Feet
61,690 SF

Building Details

Year Built/Renovated
1940/2023
Buildings
2
Stories
1
Units
10

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Listing Contact
Chris Jackson
Chris Jackson

Listing Agent: Chris Jackson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional Burbank retail investment opportunity presents a stabilized, multi-tenant shopping center totaling 61,690 square feet, situated on a 130,680 square foot lot. The property, comprised of two single-story buildings constructed in 1940 and extensively renovated in 2023, boasts a prime location at the signalized intersection of North Hollywood Way and Victory Boulevard. Tenants include established national brands such as 7-Eleven, Petco, Subway, Domino's Pizza, UPS, and Party City, ensuring a strong and diverse tenant mix. The property features 188 parking spaces and benefits from a 100% occupancy rate, generating a current NOI of $1,528,730.30 and a pro-forma NOI of $1,703,538.66. The asking price is $29,975,000, representing a current cap rate of 5.10% and a pro-forma cap rate of 5.69%. The property is zoned C3 and includes ten units under NNN leases. This irreplaceable location, held under the same ownership for over 65 years, offers a compelling investment opportunity with significant upside potential. The property's address encompasses 2000-2015 N. Hollywood Way and 3125 W. Victory Blvd, Burbank, CA 91505. APN numbers are 2463-009-005
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Amazon Locker - Robert Postal Service 7-Eleven Grocery & Convenience Store KeyMe Locksmiths Locksmith Western Union Bank

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Burbank
County
Los Angeles
State
California
Longitude
-118.3488886
Latitude
34.1849818

FAQs

What type of property is this?
Lifestyle center - High-Yield Burbank Shopping Center
Where is this lifestyle center located?
The property is located at 2000 Hollywood Way Burbank, CA.
What is the asking price?
The asking price for this property is $29,975,000.
What are key features of this property?
This property features: Prime Burbank retail investment opportunity.; High-visibility corner location at N Hollywood Way & Victory Blvd.; Strong tenant mix of 10 retailers & a cell tower on staggered leases.
(818) 933-2368 Call to check price and availability
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