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23681 Newhall Ave 12,847 SF 28% Leased Retail Building Santa Clarita, CA 91321 $3,500,000 ($272.44/SF)
INVESTMENT HIGHLIGHTS
- Excellent Investment / Owner-User Opportunity
- Excellent Signage & Street Visibility (Double Sided Monument Signage)
- Adjacent to Multiple Developments in a Highly Desirable Location
- Zoned: SCMX-C (Santa Clarita Mixed Use Corridor)
- Billboard Rental Income & Brand New Roof
- Strong Demographics and Traffic Counts with Easy Access to 14 and 5 Freeways
EXECUTIVE SUMMARY
IKON Properties is proud to present 23681 Newhall Ave Santa Clarita. An exceptional investment or owner user opportunity strategically located in a highly desirable area. This property boasts excellent street visibility and prominent signage enhancing exposure in a high traffic area. Additional revenues from an onsite billboard with multiple new developments coming to town. This property is poised for growth and benefits from a brand new roof. Easy access to both freeways 14 and 5. This property is part of a portfolio sale along with 23661 Newhall Ave, Santa Clarita. Four of the twelve units in this building are owner occupied. Owner is open to a leaseback for a short term. This property is attractive to both investors and owner users as they can be sold together or separately.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,847 SF
Building Class
C
Year Built
1987
Price
$3,500,000
Price Per SF
$272.44
Percent Leased
28%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.06 AC
Zoning
SCMX-C - Santa Clarita Mixed Use Corridor (SCMX-C).
Parking
30 Spaces (2.34 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Mezzanine
- Signage
- Monument Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
All units can combined or demised.
All units can combined or demised.
All units can combined or demised.
| Space | Size | Space Use | Position | Available |
| 100 | 5,500 SF | Retail | In-Line | Now |
| 4 | 2,200 SF | Retail | In-Line | Now |
| 6 | 1,500 SF | Retail | In-Line | Now |
100
| Size |
| 5,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
4
| Size |
| 2,200 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
6
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
100
| Size | 5,500 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
All units can combined or demised.
4
| Size | 2,200 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
All units can combined or demised.
6
| Size | 1,500 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
All units can combined or demised.
PROPERTY TAXES
| Parcel Number | 2827-004-027 | Improvements Assessment | $1,508,790 |
| Land Assessment | $919,524 | Total Assessment | $2,428,314 |
PROPERTY TAXES
Parcel Number
2827-004-027
Land Assessment
$919,524
Improvements Assessment
$1,508,790
Total Assessment
$2,428,314
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23681 Newhall Ave
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