10701 Burbank Blvd

The property is strategically positioned within the North Hollywood submarket of Los Angeles, providing convenient access to the 170 and 134 Freeways, Hollywood Burbank Airport, and the North Hollywood Metro Station. The surrounding area benefits from proximity to major entertainment and employment centers, including Warner Bros., Disney, and Universal, as well as established retail destinations such as NoHo West, Burbank Empire Center, and Burbank Town Center. North Hollywood's dense infill population, strong retail infrastructure, transit connectivity, and ongoing mixed-use development reinforce the property's position within one of the Los Angeles area's established commercial corridors.Lee & Associates is pleased to exclusively offer for sale the fee simple interest in a fully renovated, single-tenant Swish Cannabis property located at 10701 Burbank Boulevard in North Hollywood, California. The property consists of an approximately 1,802-square-foot freestanding retail building situated on 0.14 acres and was comprehensively renovated in 2023. The property is leased to Valley Opportunities, LLC, doing business as Swish Cannabis, a locally owned and operated dispensary. The sale-leaseback features a new 10-year NNN lease commencing upon close of escrow with 2% annual rent increases and two five-year renewal options.