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23045 Drayton St 3,960 SF Industrial Building Santa Clarita, CA 91350 $1,880,000 ($474.75/SF) 5.02% Cap Rate
INVESTMENT HIGHLIGHTS
- Private Yard.
- Great Industrial location in the heart of Santa Clarita.
- Free Standing Building.
EXECUTIVE SUMMARY
Great Industrial location in the heart of Santa Clarita with a Private yard. Excellent opportunity for your 1031 exchange clients. This is a great location for Bodyshop, Mechanic Shop, Towing Company, Heavy equipment parking, Petrol Company, Impound yard, light manufacturing, or any other Industrial zoning use. 10,854 SF Fully fenced yard with existing building of 3,960 SF. Current use is a Body Shop. The property currently has a tenant for the next three (3) years, and the tenancy expires on May 31, 2028. After that, the tenant has a one five (5) year option to renew. Rent has an automatic 3% increase every year. PLEASE DO NOT ENTER INTO THE PROPERTY, TALK, or DISTURB THE CURRENT TENANT. Please call Sean Daryani at 310-880-3888 for more information.
PROPERTY FACTS
| Price | $1,880,000 | Rentable Building Area | 3,960 SF |
| Price Per SF | $474.75 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1961 |
| Cap Rate | 5.02% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 6.06/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 9’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.25 AC | ||
| Zoning | SCI - Industrial | ||
| Price | $1,880,000 |
| Price Per SF | $474.75 |
| Sale Type | Investment |
| Cap Rate | 5.02% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.25 AC |
| Rentable Building Area | 3,960 SF |
| No. Stories | 1 |
| Year Built | 1961 |
| Tenancy | Single |
| Parking Ratio | 6.06/1,000 SF |
| Clear Ceiling Height | 9’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | SCI - Industrial |
AMENITIES
- 24 Hour Access
- Fenced Lot
- Front Loading
- Yard
UTILITIES
- Water - City
PROPERTY TAXES
| Parcel Number | 2836-008-047 | Improvements Assessment | $416,160 |
| Land Assessment | $1,144,440 | Total Assessment | $1,560,600 |
PROPERTY TAXES
Parcel Number
2836-008-047
Land Assessment
$1,144,440
Improvements Assessment
$416,160
Total Assessment
$1,560,600
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23045 Drayton St
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