Updated Sep 21, 2026
JCPenney Leases 54,398 SF Commercial Space At 8148 South Cicero Avenue In Burbank
8148 South Cicero Avenue
Building Size
55,000 SF
Asset Type
Commercial
Closing
Sep 4, 2026
About this deal
AI
The property asset involved in the transaction is a commercial lease located at 8148 South Cicero Avenue, Burbank. The asset spans 54,398 square feet, and it is under a NNN Lease agreement.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: Not specified
- Address: 8148 South Cicero Avenue
- Market: Burbank
- Tenant: JCPenney
- Company: Network Commercial Real Estate
- Lease Type: NNN Lease
The transaction involves JCPenney as the tenant, represented by Network Commercial Real Estate. The specific details regarding the lease terms or duration have not been disclosed in the context.
On the Map
Commercial
View full map
Players
Burbank Commercial Market Snapshot
Boundary boundary · Commercial · Lease transactions
Loading comparables…
Deal FAQ
Browse Burbank commercial leases on Traded.
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