Showing posts with label Burbank Office Building For Sale. Show all posts
Showing posts with label Burbank Office Building For Sale. Show all posts

Wednesday, January 28, 2009

Burbank Office Building For Sale $3,750,000


Property Use Type:Investment
Type:Office
Office Building
Building Size:13,289 SF
Building Class:C
Occupancy:100.00%
Price:$3,750,000
Price/SF:$282.19
Year Built:1955
Net Lease Investment:Yes
Years left on Lease:4

Property Description:
PRICED REDUCED!!! Tenant occupied. 10,854 sq. ft. first floor; 2,435 sq. ft. office area 2nd floor.

No Debt & Equity Information Provided


Parking Ratio:2.4 / 1,000 SF

Financial Summary Actual
Year:2008
Scheduled Gross Income:$296,640
Effective Gross Income:$296,640
Operating Expenses:$30,167
Net Operating Income:$266,473