3014 Floyd St, Burbank, CA 91504
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.
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.
