Black Angus 235 S 1st St
9,324 SF Retail Building Burbank, CA 91502 For Sale
INVESTMENT HIGHLIGHTS
- Fantastic redevelopment opportunity with interim NNN income
- In the middle of abundant downtown Burbank amenities including dining, shopping, entertainment and nightlife
- I-5 Freeway frontage with direct off-ramp access
EXECUTIVE SUMMARY
Exceptional multi-family, senior living, hospitality or retail redevelopment on this 1.76 acre site with I-5 frontage and direct off-ramp access. Covered land opportunity with interim NNN income. Walking distance to Metrolink Burbank and two miles from Hollywood Burbank Airport.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,324 SF
Building Class
C
Year Built
1984
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
1.76 AC
Zoning
C2, Burbank - C2 Commercial Business Zone. Downtown Commercial. Part of Burbank Center Specific Plan to be completed in 2026.
Parking
130 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Route
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalised Intersection
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2453-018-017 | Improvements Assessment | £2,150,282 |
| Land Assessment | £3,225,427 | Total Assessment | £5,375,709 |
