900-940 Alameda Ave Burbank, CA 91506
This exceptional Burbank retail storefront, located at 900-940 W Alameda Ave, presents a significant investment opportunity. The property boasts a substantial 32,000 square feet of retail space, ideally situated within a vibrant commercial area zoned Rancho Commercial - Master Planned Mixed Use/Residential. The expansive 2.92-acre lot provides ample room for expansion or future development. Parking is conveniently provided at a ratio of 5 spaces per 1,000 square feet, ensuring sufficient accommodation for customers and employees. The property's high ceilings, featuring a 16-foot clearance, offer versatile space for various retail uses. Its prime location makes it an excellent choice for media or service businesses. The property's size and zoning also present potential for development projects aligning with state initiatives such as AB 2011 or similar programs. The asking price for this exceptional property is $16,800,000. The APN is 2443-001-012. This is an owner/user investment opportunity in Los Angeles County, California, zip code 91506.
Cap rate
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Property description
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