810 San Fernando BlvdBurbank, CA 91502

This exceptional investment opportunity presents a 14,295-square-foot Harbor Freight Tools store in Burbank, California. Located at 810 S San Fernando Blvd, this single-tenant, net-lease property boasts a strong 100% occupancy rate with a remaining lease term of approximately 8.3 years, extending to March 25, 2033. The lease includes four 5-year renewal options with a 10% rent increase every five years. The property sits on a 29,045-square-foot lot and features 32 parking spaces per 1,000 square feet. Built between 1939 and 1975, the building underwent renovations in 2016, including roof replacement. The property benefits from a prime location in a high-traffic retail corridor, across from a major Ikea and Tesla dealership, and near other prominent retailers such as Ralphs, CVS, Starbucks, and the Burbank Town Center mall. The asking price is $9,920,000, representing a price per square foot of $693.95 and a 4.50% cap rate. The current Net Operating Income (NOI) is $446,600. The property is zoned BCC-3 and offers a compelling investment opportunity due to its strong tenant, long-term lease, and desirable location. This is an ideal asset for a 1031 exchange. The property's location within Los Angeles County, CA, 91502, ensures high visibility and accessibility. The building is a single-story structure.