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Retail Space For Sale

2000 N Hollywood Way Burbank, CA 91505

2000 N Hollywood Way, Burbank, CA, 91505
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For Sale
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Retail space available for purchase.

Property Size61,690 SF
Price / SF$485.90
AddedDec 6, 2019
Days on Market2414
Last RefreshJul 15 at 3:51 pm

Property Features for 2000 N Hollywood Way

General Information

Standard status
Active
Size
61,690 SF
Property subtype
Retail

Building Details

Year Built
1940

Listing office NAI Capital HQ

Listing date Dec 6, 2019

Source Crexi

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.

This commercial real estate offering consists of retail space available for sale. The property encompasses a total area of 61690 square feet.

Key Highlights

  • For sale
  • Year built: 1940

Local Financial Insights For Retail

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 $2.28M $36.96
− Vacancy −$52.4k −$0.85
EGI $2.23M $36.11
− OpEx −$668.3k −$10.83
NOI $1.56M $25.28
61,690 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$22.28M
$19.49M – $25.99M (±1% cap)
NOI $1,559,335 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1,249.80M
$1,093.58M – $1,458.10M (±1% cap)
NOI $87,486,165 @ 7.0% cap · market cap 291.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile 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 Law Firm Spa & Massage Center Dental Office Restaurant Nail Salon Pharmacy Auto Parts Store Food Market Grocery & Convenience Store

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

FAQs

What type of property is this?
Retail space - Retail space available for purchase.
Where is this retail space located?
The property is located at 2000 N 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: For sale; Year built: 1940
Contact an agent
(818) 742-1615 Call to check price and availability
More about this property
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