Investment Overview

Marcus & Millichap proudly presents 1801-1805 W Verdugo Avenue in Burbank, CA, an approximate 6,211 square foot freestanding retail building situated on the corner of Verdugo Ave and Orchard Dr. Originally built in 1948 by the current ownership’s family, the property is now being offered for the first time on the market. Currently 100% vacant, it presents an exceptional opportunity for an owner-user to acquire and immediately occupy the space. Attractive 90% LTV SBA financing is available for qualified buyers who occupy a minimum of 51% of the rentable area. Alternatively, a value-add investor has the ability to secure an asset in a high-demand submarket and stabilize it at market rent. Comprising of approximately 4,961 square feet of retail showroom and 1,250 square feet of storage warehouse, the property also includes a bonus mezzanine totaling approximately 1,000 square feet. The mezzanine is not included in the total building size (mezzanine is not permitted). The expansive retail storefront lends itself to a variety of commercial uses, with its underlying C-2 zoning, providing tremendous flexibility. Previously occupied by a single tenant, the building can easily be demised into 2-3 suites to accommodate various size requirements. Positioned on a 0.25-acre corner parcel, the property features a gated parking lot, recently slurry-coated, providing 9 parking spaces (Parking Ratio of 1.45 per 1,000 SF), with access from N Orchard Dr. Additionally, there is unmetered, 2-hr street parking along Verdugo Ave providing ample parking for customers and/or employees. Boasting over 75 feet of frontage along Verdugo Ave, 140 feet along N Orchard Dr and a 20’ x 3.5’ eyebrow sign, this property enjoys excellent visibility. This stretch of Verdugo Ave sees over 16,000 vehicles per day, with the nearby signalized 6-way intersection two blocks east (W Verdugo Ave x W Olive Ave x S Sparks St) accommodating over 35,000 vehicles daily. Located within close proximity to the 134 Freeway, the property offers exceptional accessibility to the San Fernando Valley. With a residential base of over 185,000 residents within a 3-mile radius and an average household income of $113,521, the property is positioned in a dense affluent submarket. Adjacent to John Burroughs High School, celebrated for its distinguished arts programs and notable alumni such as Blake Lively, Dustin Hoffman, and Tim Burton, the property is also just 0.8 miles from the iconic Walt Disney Studios. Founded in 1923 by Walt Disney himself, the studio remains a cornerstone of entertainment innovation, featuring cutting-edge facilities like soundstages, animation studios, and the Walt Disney Archives. This dynamic location is less than 2 miles from Downtown Burbank, a vibrant district renowned for its diverse dining options, entertainment venues, retail shops, and community events, making it a sought-after destination drawing visitors from throughout the San Fernando Valley.