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Sunset Pointe Shopping Center 25261 The Old Rd 30,691 SF 91% Leased Retail Building Stevenson Ranch, CA 91381 $10,900,000 ($355.15/SF) 6.23% Cap Rate
Investment Highlights
- Sunset Point Shopping Center is a well located retail center totaling approximately 30,691 SF, currently 91.1% occupied
- The property offers in place rents that are below market, providing a clear runway for income growth through lease renewals
- Stevenson Ranch is a highly desirable, supply constrained submarket of Santa Clarita Valley
- Anchored by Outback Steakhouse and a new Starbucks, the center benefits from national credit tenancy
- Tenants operate under NNN lease structures, reimbursing property taxes, insurance, and CAM
- Positioned along The Old Road, just off Interstate 5, the property benefits from exceptional regional accessibility
Executive Summary
Neighborhood Retail Center Anchored by National Credit Tenants
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
30,691 SF
Building Class
B
Year Built
1991
Price
$10,900,000
Price Per SF
$355.15
Cap Rate
6.23%
NOI
$678,885
Percent Leased
91%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.27
Lot Size
2.59 AC
Zoning
LCRPD11.4U
Frontage
125’ on The Old
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Mezzanine
- Restaurant
- Signalized Intersection
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,520,737 | |
| Land Assessment | $2,847,130 | Total Assessment | $5,367,867 |
Property Taxes
Parcel Numbers
Land Assessment
$2,847,130
Improvements Assessment
$2,520,737
Total Assessment
$5,367,867
Contacts
-
Patrick Wade -
Alex Kozakov -
Matthew Greenberg -
Bo Henderson -
Jack Webber -
Nick Solomon -
Vivian Tran -
CBRE, Inc.
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
