3099 N. California St. & 3094 N. Lima St., Burbank, CA 91504

Price: $8,300,000.00

Property Description

A rare opportunity to acquire these two adjacent properties located in the San Fernando Valley submarket of Los Angeles.  The properties total 25,000 square feet.  3099 N. California and 3094 N. Lima are 100% leased to Sprint Mobile (now part of T-Mobile).

Situated adjacent to the Interstate 5 Freeway and less than two miles from Hollywood Burbank Airport, this investment offering provides an opportunity to acquire product in one of the most desirable industrial markets in the nation at a significant discount to replacement cost.  This opportunity is being offered on an “as-is” basis for the fee interest in the buildings and land thereunder.

Offering Memorandum

Quick Summary

Property ID:
1699
Property status:
In Escrow
Property type:
Location:
3099 N. California St. & 3094 N. Lima St., Burbank, CA 91504
Building Size:
25,000 SF
Available Space:
25,000 SF
Lot Size:
0.94 Acres

Map

Contact Agent

Greg Barsamian
Greg Barsamian has over 34 years of experience as an industrial and commercial broker in the Los Angeles County region. With over 500 million square feet of industrial and corporate office lease and sale transactions.
818.334.1901
greg.barsamian@colliers.com