Burbank Collection
Spaces
1st Street & Palm Avenue, Burbank, CA 92154-2514
Building description
The property is located in the heart of downtown Burbank, serving as ground-zero for the Burbank Entertainment District. The promenade of Palm Avenue is bordered by The Burbank Collection on the East, the AMC theaters and adjoining restaurants to the West, and the shops of San Fernando Boulevard to the North. The downtown promenade includes one of the highest historically producing AMC theaters in the nation, street-front tenants, patio restaurants, and sit-down eateries, creating a synergistic and cohesive retail experience for customers.
The Burbank Collection is driven by its own set of tenants with an ample parking supply. Downtown Burbank features the newly renovated Burbank Town Center just west of the site, and the Nation's largest and newly completed IKEA to the east. The downtown district boasts a dense collection of businesses lining the blocks creating a main street village that residents flock to everyday for work, entertainment, and leisure. To provide for the large influx of daily consumers, the site is well parked with adjacent structures accommodating upwards of 1,000 free spaces.
The City of Burbank has seen significant recent growth, exemplifying Burbank's commitment to its downtown core. Above average population growth, strong employment, and high education levels are features of desirable trade areas with healthy investment potential. Completed projects such as IKEA, Burbank Town Center, and Tesla have been factors in expanding the available consumer amenities to residents and visitors. More developments (over 1,300 units) are planned and underway with mixed-use apartments and offices adjacent to Burbank Collection and the Burbank Town Center.
Building highlights
- The Burbank Collection is a premier mixed-use project in downtown Burbank that consists of approximately 40,000 SF of retail below 120 condos.
- 2nd generation restaurant spaces on Palm Avenue with outdoor patio seating; retail space available with highly visible frontage on Palm Ave as well as First Street
- The Burbank Collection fronts First Street Village, a new mixed-use development with 275 apartment units
- The Burbank Collection co-tenants on Palm Plaza are: Yard House, Sunright Tea, Chicken Bun Bun, Tiga Wok, Finney's Crafthouse, Sushi Stop, The Boiling Crab, Silverlake Ramen, Barney's Beanery, Chipotle and Buffalo Wild Wings with Wood Ranch, Kabuki and Islands just steps away.
- Local employers in the area include: Cartoon Network, Nickelodeon, Warner Brothers, Disney, Netflix, Tesla and iHeart Radio.
- Approx. 900 units planned or under construction in Downtown Burbank mixed-use projects
- Across from AMC Burbank 16 which consistently ranks top 3 in the nation.
- Steps from the newly renovated Burbank Town Center (Bed Bath & Beyond, Old Navy, Macy's, World Market, H&M and more) with a reported 1.58 million visitors in 2021
- The Burbank Collection is located right off the 5 Freeway
- Approximately 0.5 miles from the largest IKEA in North America
- No income tax in the City of Burbank; no gross sales receipt tax
- 723 parking spaces for The Burbank Collection off 1st Street and 3,200 free parking spaces within two blocks of the property
Listing Contacts
Property History
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