Nickelodeon Animation Studio

Off-Market

231 West Olive Avenue, Burbank, CA 91502

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

  • Property Type Office - General Office
  • Property Size 72,232 SF
  • Lot Size 2.32 Acre
  • Parking Spaces Avail. 349
  • Parking Ratio 4.84 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 1997

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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Documents

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Sales

  • 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.

  • 2022 Avg. Asking Rent $54.36
  • 2022 Office Vacancy Rate 14.16%
  • 2022 Office Completions (SF)
View more Burbank market trends

Location

Getting Around

  • Walk Score ®

    77/100 Very Walkable
  • Transit Score ®

    52/100 Good Transit
  • Bike Score ®

    64/100 Bikeable
Powered by Walk Score ®
  • City Burbank, CA
  • Neighborhood Burbank
  • Zip Code 91502
  • Market Los Angeles

Points of Interest

  • Downtown Burbank

    0.34 miles

  • Burbank Airport–South

    2.49 miles

  • Burbank Airport–North

    2.87 miles

  • North Hollywood

    3.50 miles

  • Universal City/Studio City

    3.63 miles

  • RideShare Pickup/Dropoff Point

    3.94 miles

  • Sun Valley

    4.65 miles

  • Glendale

    4.81 miles

  • Hollywood/Western

    5.09 miles

  • Hollywood/Vine

    5.12 miles

  • Valero

    0.22 miles

  • Shell

    0.24 miles

  • Arco

    0.69 miles

  • Shell

    0.70 miles

  • Costco Gasoline

    0.77 miles

  • 76

    0.78 miles

  • Union 76

    0.78 miles

  • Chevron

    0.81 miles

  • Mobil

    0.81 miles

  • United Oil

    0.82 miles

  • Aramark

    0.44 miles

  • Ikea Parking Lot

    0.64 miles

  • Team Disney Burbank Parking

    1.26 miles

  • RV Parking Lot

    1.28 miles

  • Zorro Parking

    1.34 miles

  • parking structure

    1.53 miles

  • Service Parking

    1.58 miles

  • Burbank Studio Parking

    1.65 miles

  • Warner Bros. Studio Tour

    2.02 miles

  • Lot L

    2.06 miles

  • Residence Inn

    0.49 miles

  • Holiday Inn

    0.53 miles

  • Hilton Garden Inn

    0.61 miles

  • Springhill Suites Burbank Downtown

    0.68 miles

  • Safari Inn

    0.84 miles

  • Safari Inn, a Coast Hotel

    0.84 miles

  • Burbank Moose Lodge

    1.01 miles

  • Courtyard Los Angeles Burbank Airport

    1.53 miles

  • Travelodge by Wyndham Burbank-Glendale

    1.86 miles

  • Extended Stay America

    1.88 miles

  • Subway

    0.12 miles

  • Frank's Steak House

    0.16 miles

  • World Empanadas

    0.35 miles

  • Norm's Hamburger

    0.36 miles

  • Burger King

    0.37 miles

  • Lancers

    0.45 miles

  • Black Angus

    0.46 miles

  • Yard House

    0.49 miles

  • Steak 'n Shake

    0.51 miles

  • Chronic Tacos

    0.52 miles

  • Disney Elementary School

    0.30 miles

  • Jordan Middle School

    0.70 miles

  • John Burroughs Senior High School

    0.78 miles

  • Burbank Evening School

    0.82 miles

  • Bellarmine-Jefferson High School

    0.84 miles

  • Burbank High School

    0.86 miles

  • Jefferson-Bellarmine Elementary School

    0.94 miles

  • Methodist School

    0.94 miles

  • Saint Finbar's High School

    1.01 miles

  • Maths Tutor

    1.04 miles

  • Disney Day Care

    1.79 miles

  • Komitas

    5.41 miles

  • Neighborhood Nursery School

    5.74 miles

  • Vine Street Early Education Center

    5.95 miles

  • Coldwater Preschool

    7.96 miles

  • Inti Wasi Preschool

    9.24 miles

  • Daycare

    9.35 miles

  • Gates Early Education Center

    9.53 miles

  • ABC Little School

    9.75 miles

  • Gan Yaffa

    9.83 miles

Frequently Asked Questions

What is the total square footage of Nickelodeon Animation Studio?

Nickelodeon Animation Studio totals 72,232 square feet.

When was this property built?

Nickelodeon Animation Studio was built in 1997.

What is the market value for Nickelodeon Animation Studio?

The market value* for Nickelodeon Animation Studio in 2023-2024 was $18,475,058.
*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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