Single-Tenant Industrial

3014 Floyd St

3014 Floyd St, Burbank, CA 91504

Listing Price: $3,150,000

Cap Rate
5.40%
Gross SF
8,050
Price/Gross SF
$391.30
Lot Size
0.33 acres
Year Built
1958
Rentable SF
8,050

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased the present the opportunity to acquire 3014 Floyd Street, (“the Property”), an 8,050 square foot single tenant, net-leased industrial property located in Burbank, CA, the “Media Capital of The World.” This investment offers an extremely well located industrial asset 100% NNN-leased through 2025 to TopBuild, Inc. (NYSE: BLD, S&P BB), one of the world’s leading global insulation companies with a market cap of $5.12 Billion. 3014 Floyd Street represents a unique opportunity for investors to acquire a passive, net-leased, in-fill industrial investment with five years of remaining lease term in a market experiencing rapid appreciation. The Property is located just minutes from the Hollywood Burbank Airport, the Golden State (I-5) Freeway, and the transformational Avion Burbank project, a 1.3 Million square foot industrial, creative office, retail, and hotel development. 3014 Floyd Street benefits from incredibly strong market fundamentals, a prime Los Angeles County location, and secure income from a seasoned tenant with over 35 years of occupancy history in the building.

Investment Highlights

  • Rare Single Tenant Net-Leased Industrial Investment Opportunity
  • Publicly Traded Tenant; Brand New Five Year Lease with 35+ Years of Tenancy
  • Ideal 1031 Exchange Property
  • Strategic Location, Two Minute Drive to 5 Freeway and 0.3 Miles to Burbank Airport

Exclusively Listed By

Single-Tenant Industrial

3014 Floyd St

Listing Price: $3,150,000

Cap Rate
5.40%
Gross SF
8,050
Price/Gross SF
$391.30
Lot Size
0.33 acres
Year Built
1958
Rentable SF
8,050

Investment Highlights

  • Rare Single Tenant Net-Leased Industrial Investment Opportunity
  • Publicly Traded Tenant; Brand New Five Year Lease with 35+ Years of Tenancy
  • Ideal 1031 Exchange Property
  • Strategic Location, Two Minute Drive to 5 Freeway and 0.3 Miles to Burbank Airport

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased the present the opportunity to acquire 3014 Floyd Street, (“the Property”), an 8,050 square foot single tenant, net-leased industrial property located in Burbank, CA, the “Media Capital of The World.” This investment offers an extremely well located industrial asset 100% NNN-leased through 2025 to TopBuild, Inc. (NYSE: BLD, S&P BB), one of the world’s leading global insulation companies with a market cap of $5.12 Billion. 3014 Floyd Street represents a unique opportunity for investors to acquire a passive, net-leased, in-fill industrial investment with five years of remaining lease term in a market experiencing rapid appreciation. The Property is located just minutes from the Hollywood Burbank Airport, the Golden State (I-5) Freeway, and the transformational Avion Burbank project, a 1.3 Million square foot industrial, creative office, retail, and hotel development. 3014 Floyd Street benefits from incredibly strong market fundamentals, a prime Los Angeles County location, and secure income from a seasoned tenant with over 35 years of occupancy history in the building.

Exclusively Listed By

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