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- LoopNet Team
23460 Cinema Dr
Valencia, CA 91355
Valencia Entertainment Center · Retail Property For Sale

PROPERTY FACTS
- 396’ on Cinema Dr
- 168’ on Academy Dr
AMENITIES
- Pylon Sign
- Restaurant
- Signage
- Smoke Detector
ABOUT 23460 CINEMA DR , VALENCIA, CA 91355
The Valencia Entertainment Center is located on Cinema Drive between Valencia Boulevard and Bouquet Canyon Road and is adjacent to the Valencia Auto Mall, just blocks from Valencia City Hall and the Valencia Town Center. The entire area is completely built out and is the core retail, office, medical and automotive oriented retail zone for Valencia and the surrounding communities of Santa Clarita. The property is a destination retail, restaurant and entertainment oriented retail center built in 1997. The property has 13 suites of which all are leased making for a 100 percent physical occupancy. The largest tenant, Valencia Laser Blast occupies 10,400 square feet, accounting for 30 percent of the center, but only 24 percent of the income. This tenant invested approximately $600,000 in their own build out, and has become a thriving entertainment destination in this family friendly area. The balance of the tenancy includes long term successful restaurant tenants, Karma Indian Cuisine and Moon Wok Chinese that have been in the property since its construction, as well as several newer local and national tenants including Cosmo Prof Beauty Supply (a subsidiary of Sally Beauty), Cinema Veterinarian, Studio 1 Dance Academy and Bagger Sports, Valencias biggest independent sports team outfitter.
PROPERTY TAXES
| Parcel Numbers |
Multiple
|
Improvements Assessment | $4,096,182 |
| Land Assessment | $6,371,840 | Total Assessment | $10,468,022 |
PROPERTY TAXES
- 2811-026-026
- 2811-026-047
Listing ID: 10930682
Date on Market: 12/11/2017
Last Updated:
Address: 23460 Cinema Dr, Valencia, CA 91355
The Retail Property at 23460 Cinema Dr, Valencia, CA 91355 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS
NEARBY LISTINGS
- 23650 Lyons Ave, Santa Clarita CA
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- 23661 Newhall Ave, Santa Clarita CA
- 23681 Newhall Ave, Santa Clarita CA
- 23126-23170 Valencia Blvd, Santa Clarita CA
- 28338 Constellation Rd, Valencia CA
- 26055 Bouquet Canyon Rd, Santa Clarita CA
