24510 Town Center Dr - Storefront Retail/Office FOR SALE


Valencia, CA 91355
$15,300,000 USD
818-857-7848
24510 Town Center Dr, Valencia, CA for Sale
$15,300,000 USD
Storefront Retail/Office - FOR SALE
1/29
null | 6.78% Cap Rate

24510 Town Center Dr
Valencia, CA 91355


HIGHLIGHTS

  • HIGH PERFORMING, STICKY RETAIL AND MEDICAL TENANCY
  • UNMATCHED SURROUNDING DEMAND DRIVERS
  • HIGHLY VISIBLE LOCATION WITH EXCELLENT ACCESSIBILITY TO AN AFFLUENT DEMOGRAPHIC
  • STEADY DAYTIME POPULATION
  • IMMEDIATE UPSIDE WITH STRONG LEASE-UP TRACK RECORD
  • HIGH-GROWTH CORRIDOR WITH ACCELERATING RETAIL FUNDAMENTALS

OVERVIEW

JLL has been exclusively retained by Ownership to offer qualified investors the exciting opportunity to acquire Valencia Town Center Plaza (the “Property”), a 26,396 square foot strip center located in Santa Clarita, CA. The Property sits adjacent to the Westfield Valencia Town Center regional mall; the 244 room Hyatt Valencia, and 1,000+ luxury apartment units offering significant demand drivers and a built in customer base. The property is strategically located in a dense, affluent trade area with 92,984 residents, 62,593 daytime employees, and a median household income of $124,776 within 3 miles.

FOR SALE DETAILS

PRICE

$15,300,000 USD

PRICE/SF

$579 USD /SF

CAP RATE

6.78%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valencia Town Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,846 SF

ZONING

SCCR

APN/PARCEL ID

2861-062-017

ASK ABOUT THIS PROPERTY

Ryan SobelJLLMore Info
818-857-7848

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Ryan SobelJLLMore Info
818-857-7848

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.