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Posted: Friday, June 16, 2017 11:04 AM

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Cap Rate 4.35%
Building Size 2,370 SF No. Stories 1
Price/SF $675.11 Tenancy Single
Property Type Retail Year Built 1948
Property Sub-type Retail (Other) Lot Size 3,397 SF
Property Use Type Net Lease Investment with 4 years left on lease

Creative workspace in Prime Magnolia Park. Currently leased for 5 years with a 5 year option, 4.5 years left on lease. Current rent is $7500/month, scheduled to increase 3% per year. Excellent parking.

For showings please call:

Chris Vanole, CPA
Broker

Shari Vanole
Realtor®

(818) 257-1744 (Shari)
(818) 807-8926 (Chris)

website: www.VanoleRE.com


BRE# 01717530
BRE# 01435632

817 N. Hollywood Way, 91505    google map | yahoo map

• Location: Burbank, San Fernando Valley

• Post ID: 69693748 sanfernandovalley
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