For Sale
$2,300,000

23655 Newhall AveSanta Clarita, CA 91321

Prime multi-tenant property, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional owner-user/investment opportunity presents a 100% fee simple interest in an 8,115-square-foot, multi-tenant retail/office center. The two-story building, constructed in 1971, sits on a roughly 28,089-square-foot lot zoned SCMX-C in Santa Clarita, CA (buyer to verify). The property features five units ranging from 1,200 to 2,025 square feet, currently 77% occupied. Unit E, a 1,890-square-foot space on the second floor, is ideal for owner-occupancy. The efficient unit sizes promote high occupancy and minimize lease-up costs. Located on Newhall Avenue, this property boasts excellent street visibility and high traffic counts. Its prime location is adjacent to Old Town Newhall, The Center at Needham Ranch, Dockweiler 21, and Building Hope, surrounded by residential areas and within minutes of Valencia Town Center amenities. The asking price is $2,300,000. The property includes front and rear parking areas. This presents a strong investment opportunity due to its established tenants, prominent location, and potential for redevelopment. The property's address is 23655 Newhall Ave, Santa Clarita, CA 91321, APN 2827-004-017.

Highlights

  • Prime Multi-Tenant Retail and Office Building.
  • ±8,115 SF building on a ±28,089 SF lot (buyer to verify); ideal for investment, owner-user, or redevelopment.
  • High visibility with excellent signage opportunities.
  • Strong tenant roster.
  • Highly visible location in the desirable Santa Clarita Valley.
  • Ample front and rear parking.

Property Details for 23655 Newhall Ave

Property type
Lifestyle centers, Power centers
Square Feet
8,115 SF
Year Built
1971
Stories
2
Units
5

Location Insight

City
Santa Clarita
County
Los Angeles
State
California
Latitude
34.3697644
Longitude
-118.5138916
23655 Newhall Ave, Santa Clarita, California

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23655 Newhall Ave
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