74,457 Sq Ft Commercial For Sale 601-607 S Glenoaks Blvd, Burbank, CA 91502 in Burbank

Lee & Associates, as the exclusive advisor and broker, is representing the Owner in the sale of a prime commercial office property in the down town section of Burbank, CA.

601 – 607 South Glen oaks Blvd. presents an excellent opportunity for buyers seeking to invest in a core asset in one of Los Angeles’
historically robust submarkets.

This multi-tenant office investment property is currently 85% leased, boasting a combination of recent new leases and lease renewals that contribute to its overall stability. 601 South Glen oaks Blvd demonstrates stable fundamentals with a diverse tenant roster, which mitigates reliance on any single industry.

Compared to other properties in the Burbank submarket and the broader Los Angeles area, this property exhibits a strong historical and current occupancy. Moreover, as current rates are below market value there is room for value-add investment by increasing rental rates at upcoming lease expirations.

The property is offered on a fee simple basis, free and clear of any existing debt, and on an as-is, where-is basis.