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Property profile & analytics
FOR LEASE
Office buildings

3601 West Olive Ave Burbank, CA 91505

155,230 SF 0.03 ac lot Built 1985
Entity Owned 32-yr Hold Absentee Owner Free & Clear
Property ID
US09-6942303
Property summary
AI-generated overview

This exceptional retail property, located at 3601 West Olive Avenue in Burbank, California (91505), offers a total of 40,366 square feet of space currently available for lease. The building, constructed in 1985, is zoned C and boasts a convenient location in Los Angeles County (APN: 2485-005-055). Multiple tenancy options are available, with spaces ranging from a minimum of 5,579 square feet to a maximum contiguous space of 22,146 square feet. This presents a unique opportunity for businesses seeking flexible and adaptable layouts to suit their specific needs. The property provides ample parking, with a ratio of 3.0 parking spaces per 1,000 square feet of building area. This prime Burbank location offers excellent visibility and accessibility, making it an ideal choice for a variety of retail or office uses. The property's size and layout provide significant potential for businesses looking to establish a strong presence in the vibrant Burbank market. Interested parties should inquire about lease terms and conditions.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1985
Construction STEEL FRAME
Total area 155,230 SF
Lot 0.03 ac (1,156 SF)
APN 2485-005-055
UPID US09-6942303
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
  • Horvitz & Levy LLP Law Firm
  • Business Arts Plaza Inc Professional Services
  • CBDEES INVESTMENTS Agricultural Service
  • SP+ Parking Parking Lot & Garage
  • B3 Corporation University
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.26M
Owner & transaction history
Business Arts Plaza INC · 32 yrs held
Business Arts Plaza INC
since 1994
1 recorded transaction
1994
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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