Updated Sep 11, 2026
BLT Enterprises Acquires Industrial Property In Burbank For $5.85M
2901 Thorton Avenue
$5,850,000
$571/SF
Building Size
10,246 SF
Asset Type
Industrial
Closing
Jul 21, 2022
About this deal
AI
The industrial property located at 2901 Thornton Ave. in Burbank, San Fernando Valley has been sold in a recent transaction. The property spans approximately 10,246 square feet and was sold for a price of $5,850,000, resulting in a price per square foot of $570.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,850,000
- Square Footage: 10,246
- Address: 2901 Thornton Ave.
- Market: Burbank, San Fernando Valley
The buyer for this transaction is BLT Enterprises represented by Lukas Huberman, while the seller is Jerry Ash. The brokerage firm NAI Capital facilitated the deal, with Joshua Cohan serving as the representative for BLT Enterprises.
On the Map
$5,850,000
$571/SF
Industrial
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Players
Des Moines Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.71%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93