Highlights

• Freestanding Single Tenant NNN Investment
• Corporate Lease Guaranteed by Tutor Time
• Annual Increases in Base Rent

• Santa Clarita is ranked by Money Magazine as one of the "Best Cities to Live In"
• Approx. 10,834 sf Building on Approx. 1.1 acres Land

Description

The property consists of a single tenant Tutor Time childcare center building consisting of an approx 10,834 sq. ft., one-story, building on approx. 1.1 acres of land constructed in 2006. The rear of the property features a large fenced play pen area. The parking will be shared with a church which is planned for parcel 2, across from the parking lot. The site' s visibility is protected by the dedication of the adjoining land to the city for open space. The large lot offers ample parking and excellent potential for future appreciation. Surrounded by high-end single family homes, this property is unique in its zoning which allows for private school uses and not easily replaced. Furthermore, the property' s freeway visibility may provide for excellent signage/building identity opportunity in the future.

Santa Clarita is the fourth largest city in Los Angeles County, California. It is located about 35 miles northwest of downtown Los Angeles, and occupies most of the Santa Clarita Valley. The FBI rates it as the sixth safest city in the United States with at least 100,000 inhabitants. Santa Clarita is ranked as one of the top 100 places to live by Money Magazine. Santa Clarita's most notable attractions are the Six Flags Magic Mountain amusement park located just outside the city limits in unincorporated Los Angeles County, and the California Institute of the Arts (CalArts), located in Valencia.