Avion Burbank — Sale in Burbank, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Burbank, CA 91505

Description

Avion Burbank is a strategically located 60-acre, 17-building, mixed-use campus featuring state-of-the-art construction in a collaborative community with multi-purpose paths, outdoor gathering space, and recreational activities. Inspired by such iconic figures in aviation as Amelia Earhart and Lockheed Aircraft Chief Research Engineer Clarence L. "Kelly" Johnson, Avion Burbank represents the value of creativity and innovation through cutting-edge designs by Gensler and HPA. Avion Burbank will consist of six Creative Industrial buildings, nine two-story Creative Office buildings, a 150-room upscale hotel, and approximately 15,000 square feet of retail at the gateway. The Creative Office buildings offer the rare opportunity to purchase or lease, and will feature plug-and-play open areas ideal for meetings and group collaboration. The hotel will feature a business center, fitness center, swimming pool, conference facilities, and a restaurant, providing the offices with all the amenities needed for meeting and hosting guests. The Creative Industrial buildings are on fully secured yards with 8-foot wrought iron fences and will include build-to-suit office space. These buildings will have 30- to 32-foot clear heights, 50- by 52-foot column spacing, and 124'1"- to 135' truck courts. They will also feature ESFR sprinkler systems, 2,000 to 3,000 amps of power, and electric vehicle charging stations. The retail buildings in Avion Burbank will be at the signalized intersection of Tulare Avenue and N Hollywood Way, allowing for easy access and convenient parking for customers. The open-air plaza will offer outdoor patios with dining areas and abundant green spaces. Avion Burbank reflects the City of Burbank's unique place in aerospace history as the site of extraordinary achievements in aircraft design, engineering, and manufacturing. Avion Burbank's pedestrian-friendly facilities and work/lifestyle amenities attract and retain a skilled and motivated employee base — supporting

Market Context

This office in Burbank, CA is listed for sale. It has been on the market for 196 days. Compare it against other office listings for sale in Burbank, CA — view the full market.

As of Q1 2026, the Greater Los Angeles office market showed a 14.7% vacancy rate, average asking rents near $35.40/SF/yr, rents up 0.7% year over year, and cap rates around 5.8%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Greater Los Angeles?
About 5.8% as of Q1 2026, per multiple brokerage reports.
Is the Greater Los Angeles office market tightening or softening?
Vacancy is around 14.7%, with asking rents rising year over year (Q1 2026).

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