Office
Under Contract

21041 Burbank Blvd. (Warner Center)

21041 Warner Center Ln, Woodland Hills, CA, 91367-6509, US

21041 Burbank Blvd. (Warner Center)_Property for Sale

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Asset description

JLL, as exclusive advisor, is pleased to offer to qualified investors an

opportunity to acquire the 100% fee simple interest in 21041 Burbank

Blvd. in Warner Center (“The Property” or “21041 Burbank Blvd.”), a

highly desirable and well-located low-rise office building featuring

two investment grade (S&P: AA+) tenants backed by the United

States of America and with 8 years of remaining firm term.

Attributes

Building area gross
61,600 sf
Occupancy
93.00%
Year built
1982

Investment highlights

93% leased to the U.S. Federal Government (S&P: AA+) with 7.8 years of WALT

• Highly specialized improvements including 3 courtrooms and 5 chambers

that will strongly boost tenant stickiness

• Already approved, high-density development plan in addition to market

transformation via Warner Center 2035 Specific Plan and Adler’s

redevelopment of the Warner Center Corporate Park

• Low rise profile is complementary to current tenant trends

• Great local demographics that boost the quality of tenancy in the

immediate market

• Immediate access to 4 major freeways and walking distance to metro

orange line

• Easy access to the 101 freeway via ramps on both De Soto Ave and

Canoga Ave

• One of LA’s most sought-after destinations comprised of alluring residential

neighborhoods, vibrant shopping centers, and thriving business districts.

• One of Los Angeles’ largest employment hubs featuring tech, life sciences,

and medical tenancy

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Last updated
Aug 24, 2022