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Goodwill Santa Clarita 24840 Pico Canyon Rd 21,554 SF Retail Building Santa Clarita, CA 91381 $7,520,000 ($348.89/SF) 7% Cap Rate
Investment Highlights
- Long-Term Stable Tenancy
- Recent Investment in the Building
- Freeway-Proximate, High-Visibility Location
- Lease Term Through June 2030
- Strong Visitation Statistics
- Supply-Constrained Submarket
Executive Summary
Premier Location with Strong Consumer Access - Located just 0.3 miles from Interstate 5 and featuring frontage along Pico Canyon Road, the property benefits from exceptional visibility, convenient accessibility, and direct exposure to surrounding residential communities, supporting consistent customer traffic.
Proven Store Performance and Demand Drivers - The location ranks second among 13 Goodwill stores within a 15-mile radius and has recorded a 6.1% increase in visitation over the past three years. These performance metrics underscore the store's importance within the market and its ability to attract a growing customer base.
Well-Maintained Asset in a Supply-Constrained Market - Recent ownership invested $75,000 in a new roof, enhancing the property's long-term durability and reducing near-term capital needs. At the same time, limited new retail development in the surrounding submarket creates favorable competitive dynamics that support long-term occupancy and value appreciation.
Property Facts
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
-
99,999 SF
-
$9.99
-
Jan 0000
Goodwill Industries International is a nonprofit organization that provides employment support, job training, and community-based programs to individuals facing barriers to work. Founded in 1902 by Reverend Edgar J. Helms in Boston, the organization began by collecting donated household goods and clothing to repair and distribute while offering work opportunities to individuals in need. Today, Goodwill Industries International serves as the central coordinating body for a network of autonomous local Goodwill agencies across the United States, Canada, and several other countries. The organization oversees mission support, strategic planning, and national initiatives designed to expand workforce training and economic mobility. Goodwill’s services include career counseling, skills education, and placement assistance for job seekers such as veterans, people with disabilities, and individuals with limited work experience.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | 99,999 SF | $9.99 | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 2826-063-028 | Improvements Assessment | $1,958,901 |
| Land Assessment | $5,243,848 | Total Assessment | $7,202,749 |
Property Taxes
Presented by
Goodwill Santa Clarita | 24840 Pico Canyon Rd
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