Updated Dec 4, 2024
Johnhart Real Estate Represents Seller In $3M Burbank Retail Sale
2005 North Glenoaks Boulevard
$3,000,000
$2,683/SF
Building Size
1,118 SF
Asset Type
Retail
Closing
Jan 16, 2024
About this deal
AI
The retail property located at 2005 North Glenoaks Boulevard in Burbank has been sold for $3,000,000. The property spans 1,118 square feet, resulting in a price per square foot of $2,683.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $3,000,000
- Square Footage: 1,118
- Price Per Square Foot: $2,683
- Address: 2005 North Glenoaks Boulevard
- Market: Burbank
Lilith Berko and Syuzi Hakobyan from Johnhart Real Estate served as the seller's representatives in this transaction.
The retail sale at 2005 North Glenoaks Boulevard in Burbank, California sold for $3M in 2024. The building is 1,118 square feet, implying about 2.7K per square foot on the published price. Lilith Berko, Syuzi Hakobyan, JohnHart Real Estate appear on the sale alongside JohnHart Real Estate. This page is the Burbank, California file for the 2005 North Glenoaks Boulevard retail sold: pricing, party profiles, and other closed retail comps from the same Burbank sit in the Market section below. Filter that Burbank retail set by closing date to see what else sold near 2005 North Glenoaks Boulevard around 2024. Published consideration for 2005 North Glenoaks Boulevard is $3M, dated 2024. Cite this Johnhart Real Estate Represents Seller In $3M Burbank Retail Sale sale when underwriting similar retail product around Burbank, California.
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Burbank Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93