Permanent

Axiom Capital has structured and arranged a $9,840,000 permanent loan for the refinance of a mixed-use property located in Burbank, Los Angeles County, California. 

The property offers 30,176 square feet of rentable space prominently situated in the heart of downtown Burbank. Situated on a 0.36- acre site, the property is on a prime corner with great exposure. The property is in a retail corridor with restaurants and shops (both local and regional tenants) that draw traffic to the area. In addition to its proximity to the Golden State (5) Freeway, the property is served by the City’s bus lines and the County’s Metrolink service – with a stop a short walk away. The property also benefits from exceptional demographics with a population of 152,314 and an average household income of $114,781 within a 3-mile radius.