275 1St St Burbank, CA 91502
This exceptional Class A retail property, located at 275-375 N. First Street in Downtown Burbank, CA 91502, offers a unique opportunity for restaurant and retail businesses. The building, completed in 2022, boasts a total of 275,000 square feet across five stories, with six individual suites available. Spaces range from a minimum of 1,000 square feet to a maximum contiguous space of 6,180 square feet, providing flexibility for various business needs. Currently, 13,444 square feet are vacant. The property is zoned for retail and restaurant use, and its location in the heart of Downtown Burbank provides excellent visibility and accessibility. Situated between Magnolia Boulevard and Olive Avenue, it benefits from easy access to the 5, 134, and 101 freeways. The building is part of the First Street Village mixed-use development, which includes residential units. This prime location offers outstanding outdoor dining and signage opportunities, making it an ideal space for businesses seeking high foot traffic and strong brand visibility in a thriving Los Angeles County submarket. The property's modern design and convenient location make it a highly desirable space for businesses seeking to establish a presence in Downtown Burbank.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.