217 - 277 S Lake St.
NNN Investment - World Class Post Production Facility in the Media Capital of the World
Marketing description
Avison Young is pleased to present the opportunity to acquire 217-277 Lake Street. The property renovated in 2012 is 100% occupied by Roundabout Entertainment, an industry leading post production company. The building contains a total square footage of ± 64,413 SF and sits on two land parcels spanning ± 3.08 Acres. The project is an MPAA approved facility, containing multiple ATMOS stages, screening theaters, ADR, foley, color grading and edit bays. Operated since 2013 by the Tenant, Roundabout Entertainment, the opportunity is recognized as among the best facilities of it’s kind in the world. The Property will be delivered fully leased to Roundabout Entertainment pursuant to a new ten-year, Triple Net Lease. Financials Available upon receipt of Executed NDA
PURCHASE PRICE: $29,261,906 ($454/SF)
NOI: $2,048,333
2026 Cap Rate: 7.00%
Property Video Link: https://www.youtube.com/watch?v=p4Peyb485dc
Property Website: www.lakestreetinvestment.com
Roundabout Entertainment Website: https://www.roundabout.com/
Investment highlights
Easy Access to Interstate 5 , HWY 101 and 134
Walking Distance to Burbank MetroLink
State of the Art production/post production facility in the “Media Capital of the World”
Easy Accessibility to Burbank, Hollywood, and the broader Los Angeles area
Bullet-proof, 40GB, fiber-based, LAN network Allows Roundabout to provide secure on-site data storage at a fraction of typical data storage rates
78 packages AC Units equaling over 400 tons Some individual room size (3 tons), in addition to larger Central Units, zoned for individual temperature
New 10 Year NNN Lease Upon Close of Escrow
Financials Available upon receipt of Executed NDA
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