20663-20665 Santa Clara St - Warehouse FOR SALE


Canyon Country, CA 91351
$5,250,000 USD
424-404-9993
20663-20665 Santa Clara St, Canyon Country, CA for Sale
$5,250,000 USD
Warehouse - FOR SALE
1/16
null | 5.46% Cap Rate

20663-20665 Santa Clara St
Canyon Country, CA 91351


HIGHLIGHTS

  • UNIQUE BLEND OF SPACES
  • SUITABLE FOR VARIETY OF USES
  • SIX UNITS MONTH-TO-MONTH
  • FOUR LEASES EXPIRING WITHIN 4 YEARS
  • FIVE UNITS DELIVERED VACANT AT COE

OVERVIEW

Versatile Commercial Property with Strategic Location. This property offers a blend of estimated square footage, with the owner-provided figure at 33,175 rentable square feet and the assessor's parcel indicating 11,300 square feet. Additionally, 2,178 square feet on-site will be delivered vacant at the close of escrow. The property comprises four buildings according to the assessor, although the owner has introduced non-conforming structures and trailers during their tenure as well as adding yard space to their rentals. Situated on a desirable corner lot, the property features three entrances for convenient ingress and egress and monument signage. Historical tenants showcase the property's appeal and durability. Current uses include auto repair, landscaping, recycling, and the distribution of electric and plumbing supplies. Most tenants are on a month-to-month basis, with only 5 leases ending by the end of 2027 (see Offering Memorandum for details). Business Park zoning accommodates various activities aligned with both business park and industrial zoning regulations, offering flexibility for diverse business operations. Exceptional opportunity for investors seeking a multi-functional space with potential for various business ventures. City of Santa Clarita named the “Most Business Friendly City in Los Angeles County” by The Los Angeles Economic Development Corp, offering benefits such as no business license fees, utility users tax, gross receipts tax, or payroll tax. Free recruitment and employment services available at the America’s Job Center of California. Use Tax Rebate Program and Foreign Trade Zone enhance business incentives.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$158 USD /SF

CAP RATE

5.46%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

2.17

LAND SF

94,525

ZONING

BP

APN/PARCEL ID

2805-015-005

ASK ABOUT THIS PROPERTY

Colleen McLeanEve CapitalMore Info
424-404-9993

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Colleen McLeanEve CapitalMore Info
424-404-9993

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