818-502-6720
4510 W Vanowen St, Burbank, CA for Sale
Warehouse - FOR SALE
1/5
null | Request Cap Rate

4510 W Vanowen St
Burbank, CA 91505
Northwest District


HIGHLIGHTS

  • Super sticky tenant, heavily improved, been there for a long time, and employ a ton of high skilled engineers here.
  • Very Landlord favorable lease, and the building has a ton of power (6700 amps).
  • This is last building in the BKM fund that is winding down. The remaining buildings in the Backlot Burbank park were sold last year in a recap, pric
  • Heavy power - 6,700 amps.
  • Flexible design with loading on all four sides of the building could easily accommodate up to six tenants.
  • 100% Leased to Hutchinson Airspace Through March 2030.

OVERVIEW

CBRE, Inc., as an exclusive broker, is pleased to offer for sale 4510 W. Vanowen St. (the “Property”), a high quality industrial building totaling 100,217 SF in Burbank, CA. The Property is the largest of 12 buildings in Backlot Burbank, a rare business park setting. The well-located building is 100% leased to Hutchinson Aerospace, a global leader in vibration control, fluid management and sealing technologies. Hutchinson has been in the building since 1994 and has made substantial investments in improvements for their manufacturing. Current rent is 19% below market and there are 5.0 years of weighted average lease term remaining. This is a rare opportunity in the highly coveted Greater San Fernando Valley. The submarket has recorded 12% average annual rent growth since 2016 and has maintained 1.4% average industrial vacancy for 10 years. This kind of product is vastly under-supplied in the city of Burbank, which recorded 0.0% availability and 0 SF under construction for industrial buildings 100K+ SF in Q4 2024.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

R&D

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

5

DRIVE INS

7

PARKING SPACES

197

LAND DETAILS

LAND ACRES

4.24

LAND SF

184,719

ZONING

M2

APN/PARCEL ID

2412-031-031

ASK ABOUT THIS PROPERTY

Barbara PerrierCBRE, Inc.More Info
818-502-6720

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Barbara PerrierCBRE, Inc.More Info
818-502-6720

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.