2316-2320 Magnolia Blvd

Burbank, CA 91506

Property Overview

Address 2316-2320 W Magnolia Blvd
Property Type Single Tenant Retail

The building is located on the corner of Magnolia Blvd and Brighton St. this property is a retail gem.  Beautifully renovated interior and exterior, the property consists of 3850 square feet of free standing retail/fitness space with 12 parking spots in the rear. The parking area also includes a fully permitted/revenue generating EV charging station. The interior and exterior of the building are pristine and sit on a 7785 sq. foot lot.  The current tenant has a thriving business. This hip neighborhood is truly unique and home to poshboutiques, vintage antiques and chic eateries The location is fantastic for an owner operator or investor who desires to be in the heart of the robust and flourishing Burbank retail/business district.

The City of Burbank is an icon in the entertainment industry which typically keeps retail and office space in high demand. Much of the movie production occurs in Burbank. Many companies have headquarters or facilities in Burbank, including Warner Bros. Entertainment, Warner Music Group, Universal Studios, Legendary Pictures, The Walt Disney Company, ABC, The CW, Cartoon Network, Nickelodeon Animation Studios, New Wave Entertainment, Insomniac Games and West Coast Customs. Burbank also neighbors’ landmarks like TCL Chinese Theatre, star-studded Walk of Fame, Paramount Pictures and historic music venues like the Hollywood Bowl and the Dolby Theatre, home of the Oscars.

Highlights

Streamlined Single-Tenant Retail: 2316 Magnolia Boulevard is a single-tenant retail offering with a streamlined operating profile and straightforward ownership structure. The freestanding configuration supports strong identity, efficient access, and broad usability for retail-oriented occupancy.

Improving Yield at Market Rents: At current income levels, the property reflects a 2.49% cap rate. At market rents, the return profile improves greatly to 4.77% cap rate, demonstrating the potential for enhanced yield as revenues trend toward market. Current Lease Expires Oct. 2026

Attractive Basis at $3.15M: The property is offered at $3,500,000, providing a strong basis for underwriting and long-term positioning within the Burbank retail landscape. The acquisition profile is well-suited for investors seeking simplicity, stability, and durable real estate fundamentals.

High-Quality Interior Condition: The property features an immaculate, “5-star” interior, supporting strong appeal and long-term asset quality. The high-condition presentation can also help minimize near-term capital requirements and preserve value over the hold period.

In-Place Income with Mark-to-Market Upside: The asset currently generates $10,000 per month ($120,000 annually) in rental income, providing immediate cash flow. Market rent is indicated at approximately $12,512 per month ($150,144 annually, ~$3.20 PSF), creating a defined pathway to income growth. Current Lease Expires Oct. 2026

Parking & Ancillary EV Charging Income: The site includes 12 on-site parking spaces, enhancing accessibility and functionality for customers and occupants. An income-generating EV charging station provides a modern amenity and an additional revenue component that complements the core rent stream.