Multi-Tenant Retail & Office Center 23655 Newhall Ave

Spectrum Commercial Real Estate, Inc., is pleased to present an exceptional owner-user/investment opportunity to acquire a 100% fee simple interest in Square One. The property consists of an approximately 8,115-square-feet, multi-tenant retail/office center that is situated on an approximately 28,089-square-feet, SCMX-C-mixed-use-zoned parcel located within Santa Clarita, California.
The property is a two-story building that is comprised of five units and is currently 77% occupied by an excellent mix of tenants. Units range between 1,200 to 2,025 square feet. Unit E (1,890 SF), the only unit on the 2nd floor can be occupied by an owner-user. These efficiently sized units are conducive to high-occupancy, optimal rents, and low lease-up costs, minimizing capital expenditures and cash flow exposure.
The subject property is located in a prime Santa Clarita location, situated on Newhall Avenue a major thoroughfare adjacent to Old Town Newhall, The Center at Needham Ranch (±4 million square feet of business park), Dockweiler 21 (±93 Condominiums), and Building Hope: Our Family Promise Resource Center and Transitional Housing.
The property offers tremendous street visibility, excellent traffic counts, strong demographics, and an impressive daytime population. The property is surrounded by single-family and multi-family homes and is within minutes from Valencia Town Center amenities, restaurants, shopping boutiques, hotels, golf courses, schools, daycare centers, and fitness facilities.