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1405 North San Fernando Boulevard
Burbank, CA 91504
Asking Price
$8.55M
Asset Type
Creative Office Office
Class
Class B
What's Special
Prominent Owner-User Opportunity w/ Diversified Tenant Roster | Burbank, CA <p>Download OM here: https://bit.ly/1405sanfernandoCX</p><p></p><p><strong style="color: rgba(0, 128, 128, 1)">RARE DOWNTOWN ADJACENT OWNER/USER OFFICE OPPORTUNITY</strong></p><p></p><p><span style="color: rgba(0, 139, 139, 1)">► </span><span style="color: rgba(105, 105, 105, 1)">Boutique Owner/User Office Opportunity ideally sized at 31,044 SF, currently 86.9% leased with a diverse mix of 8 tenants offering an owner/ user ability to occupy over 4,000 SF immediately with 50% of the building with
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NOI
$80,000
Cap Rate
0.94%
DSCR
0.16
Underwater
Cash-on-Cash
-16.67%
Monthly Payment
$42,325.472
Annual Cash Flow
$-427,905.667
