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Sierra Hwy Center 17734 Sierra Hwy

12,960 SF 100% Leased Office Building Santa Clarita, CA 91351 £3,133,199 (£242/SF) 6% Net Initial Yield

Investment Highlights

  • 100% OCCUPIED!!! Ideal Multi-Tenant Investment Property
  • 3 Separate Legal Parcels
  • Entirely Renovated and Modernized in 2022

Executive Summary

100% OCCUPIED!!! Ideal Multi-Tenant Investment Property. Building of approximately 12,960+- square feet with 9,815+- square feet being Ground Level Retail / Service/ Office storefronts and 3,145+- square feet being 2nd Level Office Space. Ground Floor is currently comprised of 8 rentable suites / storefronts ranging in an assortment of sizes from 755 sq ft to 2,323 sq ft with each their own restroom and HVAC system. One Suite
on second Floor of 800 sq ft and another of 2,345 sq ft. (divisible). Currently Ten (10) suites total. Entirely Renovated and Modernized in 2022, New Roof, HVAC’s, ADA Restrooms, Doors, Windows, Electrical, Plumbing, Exterior Siding & Décor, Asphalt Parking Lot & Striping w/ADA Stalls & Stripe 180 feet of Street Frontage on major thoroughfare Sierra Hwy - Extremely street visible Building. New asphalt Parking Lot with 29 exclusive parking stalls plus abundant street parking. Great opportunity for an owner / user who may want to occupy a portion of the property

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,960 SF
Building Class
C
Year Built/Renovated
1978/2022
Price
£3,133,199
Price Per SF
£242
Net Initial Yield
6%
NOI
£188,090
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
6,480 SF
Building FAR
0.51
Lot Size
0.58 AC
Zoning
CC MU - Community Commercial (CC) with Mixed Use (MU) Overlay
Parking
10 Spaces per 1,000 SF Leased

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2839-014-036
  • 2839-014-035
  • 2839-014-034
Land Assessment
£440,921
Improvements Assessment
£692,877
Total Assessment
£1,133,799
  • Listing ID: 31882613

  • Date on Market: 21/05/2024

  • Last Updated:

  • Address: 17734 Sierra Hwy, Santa Clarita, CA 91351

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