308 W Verdugo Ave 308 W Verdugo Ave Burbank, CA 91502 For more information contact: Cindy Hill, CCIM Senior Vice President 818.846.1611
[email protected] 00885625 Mark Maccalupo Senior Associate 818.432.1601
[email protected] 01930952 ● Newly Priced to Sell at $4,900,000 | 7.3% CAP! ● Production Office Building located in the Media Capital of the World with global production company tenant Fremantle ● New lease with (2) options totaling 7 years and has 3% annual increases; Tenants have 14 year history at this location ● Sale includes 16,500 sqft Building on a 21,522 sqft gated lot with approximately 24 parking spaces ● Buyer can also purchase second parking lot on Victory Blvd, 10,759 sqft, C-4 w/ 24 spaces; priced separately for $1.1 M Phone: 818-432-1500 ● Fax: 818-432-1501 ● 4061 Laurel Canyon Blvd. ● Studio City, CA 91604 ● www.valleyapartmentsales.com 308 W Verdugo Ave Burbank, CA 91502 REAL ESTATE INVESTMENT Analysis Analysis Date July 2017 Property Property 308 W Verdugo Ave Property Address 308 W Verdugo Ave Burbank, CA 91502 Year Built 1980 Purchase Information Financial Information Property Type Office All Cash Purchase Price $4,900,000 Tenants 1 Total Rentable Sq. Ft. 16,500 Loans Type Debt Term Amortization Rate Payment LO Costs All Cash Income & Expenses Contact Information Gross Operating Income $419,760 Cindy Hill, CCIM Monthly GOI $34,980 818.846.1611 Total Annual Expenses ($61,250)
[email protected] Monthly Expenses ($5,104) 00885625 Mark Maccalupo 818.432.1601
[email protected] 01930952 p. 2 All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.