MIXED-USE INVESTMENT OPPORTUNITY | SANTA CLARITA, CA

Value-Add Component – An investor will have the ability to add tremendous value in the future by parcelizing the center and selling off pads to lower their basis and increase profits. Accessibility from the Freeway to Center – The subject…

MIXED-USE INVESTMENT OPPORTUNITY | SANTA CLARITA, CA

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Value-Add Component – An investor will have the ability to add tremendous value in the future by parcelizing the center and selling off pads to lower their basis and increase profits.

Accessibility from the Freeway to Center – The subject property is conveniently located next to the on-ramp and off-ramp to the Antelope Valley Freeway (HWY 14), which features over 25,525 CPD cars per day.

Great Frontage on Sierra Highway – Sierra Highway is situated along one of the main retail corridors for the trade area featuring over 31,500 CPD and is less than ¼ mile from several national tenants including Costco, 24-Hour Fitness, CVS, and other quick-service restaurants.

Attractive Assumable Loan – The center is encumbered by a favorable low interest rate (4.43%) loan that matures in September 2026 as well as a favorable LTV.

Mixed-Use Asset – The center offers a high range of mixed uses including retail, office, medical, financial/service-oriented businesses and self-storage, which helps draw in customers as well as a creates a diversified income stream.

Ample Parking – The center features underground and ground level parking for its customers.

Well-Below Replacement Cost – Sierra Crest is priced well-below replacement cost, priced at just $170 PSF. This allows investors to attract tenants with competitive rents for the area.

Excellent Transit Oriented Location – Additionally, the property is located less than ½ mile from the Via Princessa Metrolink Station, which is served by the Metrolink Antelope Valley Line from Los Angeles Union Station to Lancaster.

FOR MORE INFO CONTACT US:
ALEX KOZAKOV
Senior Vice President
Lic. 01416489
alex.kozakov@cbre.com

PATRICK WADE
Senior Vice President
Lic. 01454690
patrick.wade@cbre.com

MATTHEW GREENBERG
Associate
Lic. 01968717
matthew.greenberg@cbre.com

JONATHAN FARASAT
Associate
Lic. 02027371
jonathan.farasat@cbre.com

ALEXIS ABAD
Associate
Lic. 02041863
alexis.abad@cbre.com

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