40 E Verdugo Ave | Burbank, CA 91502
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- LoopNet Team
40 E Verdugo Ave
Burbank, CA 91502
40 E Verdugo · Office Property For Sale
Investment Highlights
- Core Burbank Asset with Secure Income
- Proximate to Burbank Media District
- Abundant, Proximate Amenities
- High-End Adaptive Reuse Creative Office Conversion
- Terrific Highway, Metro, and Airport Access
- Currently 100% leased to Common Grounds and occupied by an investment grade credit tenant.
PROPERTY FACTS
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
24,475 SF
Building Class
B
Year Built/Renovated
1951/2019
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
12,237 SF
Slab To Slab
11’
Building FAR
0.57
Lot Size
0.99 AC
Zoning
BCCM - Burbank Center Commerical Manufacturing
Parking
75 Spaces (3.06 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Skylights
- Central Heating
- High Ceilings
- Natural Light
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 2453-025-015 | Improvements Assessment | $8,337,683 |
| Land Assessment | $12,433,387 | Total Assessment | $20,771,070 |
PROPERTY TAXES
Parcel Number
2453-025-015
Land Assessment
$12,433,387
Improvements Assessment
$8,337,683
Total Assessment
$20,771,070
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