Listed by JLL, JLL - Los Angeles (West), California, JLL - San Francisco, California
$15,300,000
Valencia Town Center
Details
APN 2861-062-017
Property Type Retail
Sub Type Strip center, Medical strip
Square Footage 26,396
Net Rentable (SqFt) 26,396
Units 12
Cap Rate 6.78%
NOI $1,037,847
Occupancy 92%
Tenancy Multi
Brand/Tenant Pinnacle Estate Properties, Kindred Spirits
Year Built 1999
Buildings 1
Stories 2
Acreage 0.780
Investment Type Core+
Ground Lease No
Sale Condition N/A
High Performing Retail and Medical Strip Center in Santa Clarita Valley | 26,396 SF
Marketing description
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.
Investment 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
Listing Contacts
Listed by JLL, JLL - Los Angeles (West), California, JLL - San Francisco, California
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,037,847.00
$86,487.25/mo
Valuation Metrics
0
DSCR
6.78%
Cap Rate
6.78%
ROI
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