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3400 Riverside Drive

Updated Jul 14, 2026

Josh Simon Of Funko Expands Office Lease To 57,022 Square Feet In Burbank
LEASEDOffice

Josh Simon Of Funko Expands Office Lease To 57,022 Square Feet In Burbank

3400 Riverside Drive

Building Size

57,022 SF

Asset Type

Office

Closing

Jul 8, 2026

About this deal

AI

The asset involved in this transaction is an office space located at 3400 West Riverside Drive in Burbank, CA. The property encompasses a total of 57,022 square feet and is positioned in a market that has shown significant office availability yet retains attractiveness for entertainment-related businesses.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 3400 West Riverside Drive
  • Market: Burbank, CA
  • Tenant: Josh Simon
  • Company: Funko

Josh Simon from Funko plays a pivotal role in this transaction as the tenant relocating to the new space, marking one of the largest office leases in Los Angeles for the second quarter, according to Savills. This move reinforces the submarket's appeal for companies in the entertainment sector.

Players

Josh Simon

Funko

Tenant

1 deal

Tenant

Burbank Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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