$399,000
For Sale

10970 SHERMAN WAY

Burbank, CA 91505
Listing OfficePark Regency Realty
Browse 14 photos
Type:Purchase
Structure:Commercial
Zone:Residential

Description

In today’s inflationary times this well-established Mega Dollar discount store is a great business
opportunity for an astute investor. It is located in Burbank’s Plaza Del Sol Mall and has very
high foot traffic, plenty of parking, and 20 other anchor tenants such as Vallarta Supermarket,
Starbucks, MetroPCS, H&R Block, Planet Fitness, and Pollo Campero just to name a few. It’s at
the busy intersection of Vineland Avenue and Sherman Way adjacent to Hollywood Burbank
Airport and borders residential Sun Valley and North Hollywood neighborhoods. The 3,000
square foot store has produced up to $40,000 in monthly sales with future growth potential, and
its consistent annual revenues reflects the strong demand and sustainable profitability. The sale
includes over $200,000 of wholesale inventory, that’s valued over $350,000 retail. All financial
records are available for review. This is a great investment opportunity for anyone looking to
expand their portfolio by operating the existing store, or diversifying the location. Call now for
additional details.

  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$450,000
  • Other
      • MLS #SR24149360

Location

Pam and Carson Real EstateReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
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