Shopping Strip - NNN Net Lease Property for Sale

Burbank, CA

RetailAbsolute NNNNet Lease

Price

$5,600,000

Cap Rate

7.0%

Building Size

14550 SF

Year Built

2007

Shopping Strip NNN net lease property for sale in Burbank, CA

About This Shopping Strip Net Lease Property

This Shopping Strip NNN (triple net lease) property is located in Burbank, CA and represents an excellent investment opportunity for commercial real estate investors. The property features14550 square feet of building space and was built in 2007.

With a cap rate of 7.0%, this Shopping Strip net lease property offers stable income potential. The asking price is $5,600,000, making it an attractive option for 1031 exchange investors seeking quality Shopping Strip commercial properties.

Why Invest in Shopping Strip NNN Properties?

  • Stable Income: Shopping Strip net lease properties provide predictable cash flow with minimal landlord responsibilities.
  • Strong Tenant: Shopping Strip is a nationally recognized brand with proven operational success.
  • 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
  • Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.

Burbank, CA Market Overview

Located in Burbank, CA, this Shopping Strip property benefits from strong local demographics and market fundamentals. The Burbank area offers excellent visibility and accessibility, making it an ideal location for Shopping Strip operations and a solid investment for net lease property buyers.

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