27451 Tourney RdSanta Clarita, CA 91355

Property Details for 27451 Tourney Rd

Year built

2004

Construction

TILT-UP CONCRETE

Lot size

1.19 AC

Property size (Sq ft)

21,812 SF

Zone code

SCBP

Property type

Office properties

Property subtype

Office buildings

APN

2861-061-047

APU

2861061047

Description

This exceptional Class A office building in the Tourney Place Business Center offers multiple suites ranging from 763 to 1,418 square feet, with a total of 11,002 square feet. Currently, 4,151 square feet are available. Located on Corporate Row, this property boasts a high-image professional design, featuring extensive wrap-around windows with beautiful views and well-designed layouts. Amenities include elevator service, abundant free parking, and fiber optic internet access through Spectrum and AT&T. The building also features prominent building and monument signage. The strategic location provides easy access to Interstate 5, Valencia Town Center, and numerous amenities including hotels, restaurants, and shopping. A lease special is available for a minimum three-year lease, with a reduced rate of $1.50 per square foot for the first six months, followed by an adjusted rate (Suite 130 & 220B: $2.85; Suite 150: $3.25; Suite 250: $2.85) for the subsequent six months. This is a professionally managed property in Los Angeles County. The building's impressive lobby and corporate image make it an ideal location for businesses seeking a prestigious address.

• CAP approach

  CAP return

  Valuation

  6%

  $6,036,566

  6.5%

  $5,572,216

  7%

  $5,174,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,147,770

  Geo Method

  $4,147,770

• Alternative Use

  Use

  Valuation

  Residential

  $6,909,547

  Hospitality

  $6,329,108

  Educational

  $5,265,744

  Medical

  $5,446,840

  Retail

  $8,191,156

Location Insight

City

Santa Clarita

County

Los Angeles

State

California

Latitude

34.4221

Longitude

-118.58

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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