Flex Space with
For Sale
Contact for pricing
913 S Victory Blvd, Burbank, CA 91502
Commercial space positioned for wholesale activity and showroom use at Victory Boulevard and Alameda.
Property Size2,050 SF
Price / SF$756.10
Days on Market27
Property Features for 913 S Victory Blvd
General Information
Standard status
Active
Size
2,050 SF
Property subtype
INDUSTRIAL
Additional Details
Road Access
Yes
Listing Agency:
Delphi Business Properties, Inc.
(310) 245-9579
Listed By:
Mike Centurioni
(310) 245-9579
Source:
Moodyscre
Added: Jul 17
Changed: Aug 10
Last Checked: Aug 11 at 1:03PM
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 Delphi Business Properties, Inc.
Investment Insights
Based on property information with market context.
This 2,050-square-foot flex space is positioned for a combination of wholesale activity and showroom use. The building includes a potential roll-up door feature, subject to confirmation.
The property is located at 913 S Victory Blvd in Burbank, at the intersection of Victory Boulevard and Alameda. Its commercial setting supports a visible presence for businesses combining product display with wholesale operations.
The property is located at 913 S Victory Blvd in Burbank, at the intersection of Victory Boulevard and Alameda. Its commercial setting supports a visible presence for businesses combining product display with wholesale operations.
Key Highlights
- 2,050 SF flex space
- Showroom and wholesale‑use configuration
- Located at Victory Boulevard and Alameda in Burbank
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,818
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,036,360
$1.0M
Cap Rate 7%
$740,257
$740.3K
Cap Rate 9%
$575,756
$575.8K
Market Conditions
NOI Build-Up for 2,050 SF
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.
Gross rent
$75.8K $36.96/SF
− Vacancy
−$1.7K −$0.85/SF
EGI
$74.0K $36.11/SF
− OpEx
−$22.2K −$10.83/SF
NOI
$51.8K $25.28/SF
Area
Burbank, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,036,360
Cap Rate 7%
$740,257
Cap Rate 9%
$575,756
Alternative Uses
Best Use
Retail
$740.3K
$647.7K – $863.6K
NOI $51,818 @ 7.0% cap · market cap 3.34%
Second Best
Warehouse
$441.8K
$386.5K – $515.4K
NOI $30,923 @ 7.0% cap · market cap 2.00%
Theoretical Best
Multifamily LT 5
$41.53M
$36.34M – $48.45M
NOI $2,907,224 @ 7.0% cap · market cap 187.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,070
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 91502, CA
11,665
Population
5,734
Households
2
Avg Household Size
39
Median Age
43%
College-Educated
87%
High-School Grad
1.3 sq mi
ZIP Area
8,973
Density / Sq Mi
$61,443
Median Household Income
$46,046
Median Earnings
$1,899
Median Rent
$946,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial space positioned for wholesale activity and showroom use at Victory Boulevard and Alameda.
Where is this flex space located?
The property is located at 913 S Victory Blvd Burbank, CA.
What is the asking price?
The asking price for this property is $1,549,999.
What are key features of this property?
This property features: 2,050 SF flex space; Showroom and wholesale‑use configuration; Located at Victory Boulevard and Alameda in Burbank
