6/20/2008

Social Security building on the market for $13.65M

by Chad King
A single-tenant office building that is currently leased to the Social Security Administration in Burbank, Calif., has been placed on the sales block with an asking price of $13.65 million.

Kyle Matthews of Marcus & Millichap's Encino office is representing the seller in the offering.

The single-story building is located at 1420 West Olive Ave. in the Los Angeles suburb of Burbank. It is being offered for $1,004 per square foot. Built in 2007, the property contains 13,600 square feet and is situated on a 41,578 square foot lot.

Address: 1420 West Olive Ave., Burbank, Calif.

Size: 13,600 square feet

Built: 2007

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Filed Under: Office

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