MJRE is proud to present a rare opportunity to purchase a just recently highly improved “trophy” media production facility located in Burbank, California being offered for $24,000,000 ($869.57/psf). The price includes furniture and certain technological & production assets that are affixed to the property.
The property is approximately 27,600 square feet (not including the mezzanine space) and was improved to the highest modern specifications with a tech-heavy emphasis for uses that include live broadcast productions, content creation, audio recording, post production, and more.
The property sits on a 1.16 acre (50,554 sq. ft.) lot, has approximately 55-parking spaces, and is in close proximity to major studios such as Disney, NBC/Universal, Warner Brothers, DreamWorks, as well as both Burbank Airport (2 minute drive) and Los Angeles International Airport (30 minute drive).
The property is ideal for either an owner/user to produce state of the art high quality content in media, film, and sound production along with executive offices and a screening/theater room that can accommodate 25+ people or investor who can lease the property to film studios in need of production space.
With almost 10,000 square feet of purpose-built sound stages a media company can accommodate film and TV productions of all sizes including commercials, TV series, Motion Capture and live streaming productions. Both stages are fully soundproof, fortified with ample stage power (400 amps per stage) to provide an enormous amount of lighting and electrical connections to meet today's production needs.
Utilizing the large parking lot and built-in theatrical specifications, the property can easily host large red carpet events, traditional productions, corporate events, fundraisers, galas, advanced screenings and live broadcast productions.
The large 1.16 acre parcel has an estimated 55+ onsite parking spaces which can accommodate vehicles of virtually all sizes. There are also several other adjacent off-site parking options not to mention minimal street parking restrictions.
The property features redundant fiber internet circuits for mission critical projects leveraging two separate providers (AT&T and Verizon). Should either provider have an issue, the system immediately automatically switches to the backup provider without any user disruption.