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201 N. 1st Street Burbank, CA 91502
Brett Howard, Broker (818) 355-6017 Brad Kelley (818) 391-8109 Howard Realty Group, Inc. FX: (818) 671-3103
RE:
201 N. 1st Street Burbank, CA 91502
1. The undersigned acknowledges that Howard Realty Group (“Broker”) has presented to the undersigned the property or properties described.
Buyer/Broker is interested in the possible purchase of the Property, 2. and Buyer/Broker represents that it has the experience and capabilities to evaluate and purchase the Property. All information furnished to Buyer/Broker by the Seller or by Howard Realty Group shall not be duplicated, and it shall be used solely for Buyer's evaluation of the purchase of the Property for its own account as a principal. Buyer and those persons retained by Buyer that need to know any such information for the purpose of evaluating Buyer's possible purchase of the property ("Related Parties") shall keep all such information confidential. Buyer and Related Parties shall not communicate with any tenant, property manager, agent or other persons having rights or responsibilities with respect to the Property, Buyer and Related Parties shall not disclose any information regarding the Property to any other person nor shall they discuss the Property with any other person. Buyer agrees that neither the seller nor Agent will have an adequate remedy at law if Buyer violates the terms of this agreement and that the seller and Agent shall have the right, in addition to any other rights, to seek injunctive relief to restrain any breach or threatened breach of this agreement and/or specific enforcement of its terms.
3. Buyer and/or Buyer’s Broker agree that neither the Seller nor Broker/Agent makes any representations or warranties of accuracy, completeness or otherwise regarding any information provided. Such information was received from third party sources and has not been independently verified by Agent. Financial information contains estimates based on assumptions and may not represent the current or future performance of the Property. Buyer agrees that Buyer's decision to purchase the Property shall be based solely on Buyer's independent investigation and evaluation of the Property and all information relating to the Property and not on any information provided by the Seller or Agent. Buyer agrees that the Seller and Agent shall have no liability with respect to any information provided by the seller or Agent and Buyer further agrees to indemnify and hold harmless Howard Realty Group and Owner and their respective affiliates and successors and assigns against and from any loss, liability or expense, including attorney’s fees, arising out of this Agreement. 4. The Buyer and/or Buyer’s Broker acknowledge that the Property has been offered for sale subject to withdrawal from the market, change in offering price, prior sale or rejection of any offer because of the terms thereof, or for any other reason whatsoever permitted by law, without notice.
ACCEPTED AND AGREED TO THIS
DAY OF
, 2011
Buyer:
Broker:
By:
By:
Title:
Title:
Address:
Address:
Phone:
Phone:
Fax:
Fax:
Email:
Email:
EXECUTIVE SUMMARY 201 N. 1st Street Burbank, CA 91502
Location
Price
Approx. Building Sq. Ft.
Approx. Lot Sq. Ft.
Year Built
Existing Financing
Property Summary
201 N. 1st Street Burbank, CA 91502 $2,400,000 OR LEASE @ $1.90 PSF
4,650 Sq. Ft.
11,574 Sq. Ft.
1945
Buyer to get new financing or Seller may carry 1st Trust Deed for qualified Buyer.
The subject property consists of approximately 4,650 sqft of improvements located at 201 N. 1st Street, Burbank, CA. The property is currently vacant. Located in the Heart of Downtown Burbank. Walking distance from the Metro Station and Burbank Media Center Mall. 150 feet of frontage on First Street. Property is across from the AMC Theatres & Burbank Collection Project. Corner location with traffic signal & near the 5 Freeway Exit & Entrance. Close to studios NBC, Warner Bros, Disney, Nickelodeon. Close to Burbank Airport. Property has been a Tire Business for 60 years. Has 7 bays and 2 outside bays. Possible development site in Downtown Burbank. Located in the 6B Redevelopment Zone.
AREA PHOTOS
Brett Howard, Broker (818) 355-6017 Brad Kelley (818) 391-8109 Howard Realty Group, Inc. FX: (818) 671-3103
RE:
201 N. 1st Street Burbank, CA 91502
1. The undersigned acknowledges that Howard Realty Group (“Broker”) has presented to the undersigned the property or properties described.
Buyer/Broker is interested in the possible purchase of the Property, 2. and Buyer/Broker represents that it has the experience and capabilities to evaluate and purchase the Property. All information furnished to Buyer/Broker by the Seller or by Howard Realty Group shall not be duplicated, and it shall be used solely for Buyer's evaluation of the purchase of the Property for its own account as a principal. Buyer and those persons retained by Buyer that need to know any such information for the purpose of evaluating Buyer's possible purchase of the property ("Related Parties") shall keep all such information confidential. Buyer and Related Parties shall not communicate with any tenant, property manager, agent or other persons having rights or responsibilities with respect to the Property, Buyer and Related Parties shall not disclose any information regarding the Property to any other person nor shall they discuss the Property with any other person. Buyer agrees that neither the seller nor Agent will have an adequate remedy at law if Buyer violates the terms of this agreement and that the seller and Agent shall have the right, in addition to any other rights, to seek injunctive relief to restrain any breach or threatened breach of this agreement and/or specific enforcement of its terms.
3. Buyer and/or Buyer’s Broker agree that neither the Seller nor Broker/Agent makes any representations or warranties of accuracy, completeness or otherwise regarding any information provided. Such information was received from third party sources and has not been independently verified by Agent. Financial information contains estimates based on assumptions and may not represent the current or future performance of the Property. Buyer agrees that Buyer's decision to purchase the Property shall be based solely on Buyer's independent investigation and evaluation of the Property and all information relating to the Property and not on any information provided by the Seller or Agent. Buyer agrees that the Seller and Agent shall have no liability with respect to any information provided by the seller or Agent and Buyer further agrees to indemnify and hold harmless Howard Realty Group and Owner and their respective affiliates and successors and assigns against and from any loss, liability or expense, including attorney’s fees, arising out of this Agreement. 4. The Buyer and/or Buyer’s Broker acknowledge that the Property has been offered for sale subject to withdrawal from the market, change in offering price, prior sale or rejection of any offer because of the terms thereof, or for any other reason whatsoever permitted by law, without notice.
ACCEPTED AND AGREED TO THIS
DAY OF
, 2011
Buyer:
Broker:
By:
By:
Title:
Title:
Address:
Address:
Phone:
Phone:
Fax:
Fax:
Email:
Email:
EXECUTIVE SUMMARY 201 N. 1st Street Burbank, CA 91502
Location
Price
Approx. Building Sq. Ft.
Approx. Lot Sq. Ft.
Year Built
Existing Financing
Property Summary
201 N. 1st Street Burbank, CA 91502 $2,400,000 OR LEASE @ $1.90 PSF
4,650 Sq. Ft.
11,574 Sq. Ft.
1945
Buyer to get new financing or Seller may carry 1st Trust Deed for qualified Buyer.
The subject property consists of approximately 4,650 sqft of improvements located at 201 N. 1st Street, Burbank, CA. The property is currently vacant. Located in the Heart of Downtown Burbank. Walking distance from the Metro Station and Burbank Media Center Mall. 150 feet of frontage on First Street. Property is across from the AMC Theatres & Burbank Collection Project. Corner location with traffic signal & near the 5 Freeway Exit & Entrance. Close to studios NBC, Warner Bros, Disney, Nickelodeon. Close to Burbank Airport. Property has been a Tire Business for 60 years. Has 7 bays and 2 outside bays. Possible development site in Downtown Burbank. Located in the 6B Redevelopment Zone.
AREA PHOTOS
