22916 Lyons Ave | Santa Clarita, CA 91321
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- LoopNet Team
22916 Lyons Ave
Santa Clarita, CA 91321
Lyons Business Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime location, near Old Town Newhall
- 7.9% CAP AT CLOSING; 9.5% CAP WITH RENTS AT MARKET
- $182/Bldg S.F.
- 62% Occupied. SELLER WILL PROVIDE RENT GUARANTEE for 95% OF VACANT SPACE
- 19% CASH ON CASH RETURN @ CLOSING; 25.3% RETURN WITH RENTS AT MARKET
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,614 SF
Building Class
C
Year Built
1974
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.72
Lot Size
0.40 AC
Zoning
Tenant to Verify - Tenant to Verify
Parking
30 Spaces (2.38 Spaces per 1,000 SF Leased)
Frontage
65’ on Lyons
AMENITIES
- Bus Line
- Signage
- Air Conditioning
ABOUT 22916 LYONS AVE , SANTA CLARITA, CA 91321
Prime location, near Old Town Newhall. Excellent street visibility and signage. 62% OCCUPIED. SELLER WILL PROVIDE RENT GUARANTEE @ 95% OF THE VACANT SPACE. SELLER WILL CARRY A 1ST T.D. OF 75% LTV @ 4.25%. UPSIDE IN RENTS. 7.9% CAP AT CLOSING; 9.5% CAP WITH RENTS AT MARKET. 19% CASH ON CASH RETURN; 25.3% RETURN WITH RENTS AT MARKET.
PROPERTY TAXES
| Parcel Number | 2830-016-034 | Improvements Assessment | $1,220,389 |
| Land Assessment | $848,966 | Total Assessment | $2,069,355 |
PROPERTY TAXES
Parcel Number
2830-016-034
Land Assessment
$848,966
Improvements Assessment
$1,220,389
Total Assessment
$2,069,355
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