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16687399
16687400

17734 Sierra Hwy, Santa Clarita, CA 91387

BL
CA 00648540
Realty Executives Canyon
Listed by Realty Executives Canyon
$3,999,950
413 days on market
Updated 106 days ago

Sierra Hwy Center

Details
APN 2839-014-034, 035 & 036
Property Type Mixed Use, Office (+1)
Sub Type Shopping Center, Storefront (+1)
Square Footage 12,960
Units 10
Cap Rate 6.45%
NOI $258,257
Occupancy 94%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 6.45%
Price per SqFt $309
Broker Co-Op Yes
Class C
Year Built 1978
Year Renovated 2022
Stories 2
Lot Size (SqFt) 25,200
Zoning CC w/MU overlay
Parking Spaces 29 spaces
Parking Per SqFt 2.24
Investment Type Value Add
Sale Condition 1031 exchange

6.45% CAP | 100% Occupied

Marketing description

· 100% Tenant 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.

Listing Contacts

BL
CA 00648540
Realty Executives Canyon
Listed by Realty Executives Canyon

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$258,257.00
$21,521.42/mo

Valuation Metrics

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DSCR
6.46%
Cap Rate
6.46%
ROI

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