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OFF-MARKET
Warehouses

72 Palm Ave Burbank, CA 91502

11,094 SF
Property ID
Property summary
AI-generated overview

This exceptional 11,094-square-foot single-tenant flex space in Downtown Burbank offers a unique blend of office, warehouse, and showroom capabilities. Located at 72 E Palm Ave, 91502, this one-story building boasts a 12-foot ceiling height, perfect for various uses. The property features two loading docks, one dock-high door, and one drive-in door, ensuring efficient logistics. Its prime location in the heart of Burbank's entertainment district provides unparalleled convenience and access to major freeways (5, 134, and 101), connecting you seamlessly to the greater Los Angeles area. The adaptable layout allows for customization to suit diverse business needs, from post-production to showroom displays. Benefit from a highly attractive lease rate of $2.25 per rentable square foot, coupled with the advantage of no gross receipts tax. Abundant natural light floods the interior thanks to strategically placed skylights. This property presents a rare opportunity to secure a versatile and strategically located space in a thriving economic zone, fostering business growth and development. The Los Angeles County property (APN 2453-004-014) is situated within the Downtown Burbank submarket cluster, offering easy access to amenities and a vibrant business community. The building is ideal for businesses seeking a flexible and functional space in a highly desirable location.

Property profile
Verified
Property type Warehouses
Total area 11,094 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Global Asylum Inc Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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