140 E Palm Ave

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140 E Palm Ave

burbank, CA 91502
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

140 E Palm Ave is situated in the central business district of Downtown Burbank, California. The surrounding neighborhood is characterized by a mix of high-density residential developments, administrative offices, and established retail centers. Notable nearby amenities include the Burbank Town Center and the AMC Burbank 16 theater complex. The location offers proximity to the I-5 freeway and is approximately half a mile from the Burbank Downtown Metrolink station, providing regional transit access for commuters and visitors. The property is suited for general retail use, including boutique storefronts, specialty consumer goods, or service-oriented businesses. Its ground-floor presence in a pedestrian-oriented zone aligns with tenants seeking high foot traffic and visibility. Typical occupants for this asset class in the district include national retailers, local lifestyle brands, and quick-service food operators catering to the local workforce and resident population.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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