Renovated Multi-Tenant Investment
17734 Sierra Hwy Santa Clarita, CA 91351
94% occupied, renovated retail and office space for sale.
Type:Commercial
Property size:
12,960 SFLot size:
0.58 AcresPrice / SF:
$308/SF- Added:
- Mar 11, 2026
- Days on Market:
- 122
- Last Refresh:
- Jul 2 at 1:59 pm
Property Features for 17734 Sierra Hwy
General Information
- Standard status
- Active
- Size
- 12,960 SF
- Lot size
- 0.58 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1978
Listing office Realty Executives Homes (661) 250-8670
Listing date Mar 11, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Homes
Investment Insights
Based on property information with market context.
This multi-tenant investment property features approximately 12,960 square feet, with 9,815 square feet of ground-level retail, service, and office storefronts, and 3,145 square feet of second-level office space. The ground floor comprises eight rentable suites ranging from 755 to 2,323 square feet, each with its own restroom and HVAC system. The second floor includes one 800-square-foot suite and another of 2,345 square feet, divisible, for a total of ten suites. Renovated and modernized in 2022, the property includes a new roof, HVAC systems, ADA restrooms, doors, windows, electrical and plumbing systems, exterior siding and décor, and an asphalt parking lot with ADA stalls and striping. The building has 180 feet of street frontage on Sierra Highway and features a new asphalt parking lot with 29 exclusive parking stalls, plus abundant street parking. The property, ideal for an owner/user, consists of three separate APNs and three separate legal lots.
Key Highlights
- High Occupancy Rate: 94% tenant occupancy provides immediate and consistent income.
- Recently Renovated: Entirely renovated and modernized in 2022, including new roof, HVACs, restrooms, and more.
- Prime Street Frontage: 180 feet of street frontage on a major thoroughfare (Sierra Hwy) offers excellent visibility.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $311.0k | $24.00 |
| − Vacancy | −$13.1k | −$1.01 |
| EGI | $297.9k | $22.99 |
| − OpEx | −$89.4k | −$6.90 |
| NOI | $208.6k | $16.09 |
12,960 SF · lease $24.00/SF/yr · vacancy 4.21% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.98M
$2.61M – $3.48M
NOI $208,562 @ 7.0% cap · market cap 5.21%
Second Best
Office B
$2.44M
$2.14M – $2.85M
NOI $170,817 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$3.25M
$2.84M – $3.79M
NOI $227,353 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
KIRK'S
Home Decor Store
A A Screen Doors & Windows
Hardware & Home Improvement
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - 94% occupied, renovated retail and office space for sale.
Where is this strip mall located?
The property is located at 17734 Sierra Hwy Santa Clarita, CA.
What is the asking price?
The asking price for this property is $3,999,950.
What are key features of this property?
This property features: High Occupancy Rate: 94% tenant occupancy provides immediate and consistent income.; Recently Renovated: Entirely renovated and modernized in 2022, including new roof, HVACs, restrooms, and more.; Prime Street Frontage: **180 feet of street frontage on a major thoroughfare (Sierra Hwy) offers excellent visibility.**
