23500 Park Sorrento - Storefront Retail/Residential FOR SALE
Calabasas, CA 91302 |
23500 Park Sorrento
Calabasas, CA 91302
HIGHLIGHTS
- 100% Occupied, Three-Story Mixed-Use Retail/Residential Project
- Two-Level Underground Parking Garage: The center is equipped with a two-level subterranean, covered parking garage providing ample parking (89 spaces)
- Attached to the 72-Unit Avanti Residential Project (NAP): The Avanti Residential Project is an exclusive community that includes 72 luxury residential
- Extremely Affluent Demographics: Over $209,300 avg household income in a 1-mile trade area – Calabasas is known as one of the wealthiest CA cities
- Value-Add Opportunity Through Billing Back Residential Tenants for Their Water Usage - Submeters Already in Place
- Close Proximity to The Commons at Calabasas (215,000 SF): The Commons is an award-winning luxury shopping center built by Rick Caruso
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Calabasas Avanti - Calabasas, CA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
ADD'L SUBTYPES
Storefront Retail/Office, Storefront Retail/Residential, Office/Residential
TOTAL BUILDING SIZE
14886
STORIES
2
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
92
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
2068-005-029,2068-005-056,2068-005-058,2068-005-068,2068-005-106
