Burbank Towne Center

Off-Market

521 North Hollywood Way, Burbank, CA 91505

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Neighborhood Center
  • Property Size 85,830 SF
  • Lot Size 5.93 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1975

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 16 Dec, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Burbank

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Burbank Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $45.53
  • 2021 Office Vacancy Rate 6.38%
  • 2021 Office Completions (SF)
View more Burbank market trends

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable
  • Transit Score ®

    36/100 Some Transit
  • Bike Score ®

    78/100 Very Bikeable
Powered by Walk Score ®
  • City Burbank, CA
  • Neighborhood Burbank
  • Zip Code 91505
  • Market Los Angeles

Points of Interest

  • Universal City/Studio City

    1.75 miles

  • North Hollywood

    1.95 miles

  • Downtown Burbank

    2.27 miles

  • Burbank Airport–South

    2.36 miles

  • Burbank Airport–North

    3.20 miles

  • RideShare Pickup/Dropoff Point

    3.76 miles

  • Hollywood/Highland

    4.02 miles

  • Hollywood/Vine

    4.17 miles

  • Hollywood/Western

    4.50 miles

  • Sun Valley

    4.64 miles

  • Shell

    0.10 miles

  • Chevron

    0.35 miles

  • Chevron

    0.50 miles

  • Arco

    0.60 miles

  • Chevron

    0.83 miles

  • Rapid 14

    0.98 miles

  • Sinclair

    1.11 miles

  • Service Station

    1.19 miles

  • Arco

    1.38 miles

  • 76

    1.56 miles

  • Lot D

    0.62 miles

  • Lot U

    0.64 miles

  • Lot E

    0.65 miles

  • Lot P

    0.67 miles

  • Lot V

    0.68 miles

  • Lot G

    0.70 miles

  • Burbank Studio Parking

    0.73 miles

  • Warner Bros. Studio Tour

    0.76 miles

  • Service Parking

    0.76 miles

  • Lot B

    0.77 miles

  • Togo's

    0.29 miles

  • Thai Room

    0.39 miles

  • Bob's Big Boy

    0.52 miles

  • Olive and Thyme

    0.52 miles

  • Gindi Thai

    0.52 miles

  • Don Cuco

    0.53 miles

  • JINYA Ramen Bar

    0.53 miles

  • Fresh brothers

    0.53 miles

  • Lou's

    0.53 miles

  • Novo Cafe

    0.55 miles

  • Smart & Final Extra!

    0.04 miles

  • Vons

    0.37 miles

  • Whole Foods Market

    0.55 miles

  • V & K Distributing Co

    0.64 miles

  • Target

    0.67 miles

  • Trader Joe's

    0.70 miles

  • Smart & Final

    1.07 miles

  • Ralphs

    1.39 miles

  • Ralphs

    1.71 miles

  • Pavilions

    1.76 miles

Frequently Asked Questions

What is the total square footage of Burbank Towne Center?

Burbank Towne Center totals 85,830 square feet.

When was this property built?

Burbank Towne Center was built in 1975.

When was Burbank Towne Center last sold?

Burbank Towne Center was last sold on 16 Dec, 2015.

What is the market value for Burbank Towne Center?

The market value* for Burbank Towne Center in 2022-2023 was $40,051,584.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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