BP-Zoned Industrial
For Sale
$8,206,200
20758 Centre Pointe Pkwy, Santa Clarita, CA 91350
Constructed in 2002 with BP zoning, this industrial building supports a range of manufacturing and distribution operations.
Property Size27,354 SF
Price / SF$300
Days on Market50
Property Features for 20758 Centre Pointe Pkwy
General Information
Standard status
Active
Size
27,354 SF
Property subtype
Industrial
Zoning
BP
Additional Details
Highway Access
Yes
Building Details
Year Built
2002
Listing Agency:
NAI Capital HQ
(818) 933-2368
Listed By:
Chris Jackson · License #CalDRE #01255538
Source:
Naiglobal
Added: Jun 23
Changed: Jul 10
Last Checked: Aug 10 at 3:39AM
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 NAI Capital HQ
Investment Insights
Based on property information with market context.
This well-maintained industrial property includes a 27,354 SF building in a single-unit configuration. The facility was constructed in 2002 and is offered with BP zoning, which can provide flexibility for a variety of industrial and manufacturing uses.
Located in the Santa Clarita area, the property is described as having access to key transportation routes and is positioned within a thriving business community. The combination of building size and BP zoning is intended to support day-to-day operational needs for industrial users.
For buyers or operators looking to establish or expand an industrial footprint, this asset offers ample space for operations within one building. The BP zoning designation may be especially relevant for users seeking an industrial/manufacturing oriented setting rather than a strictly single-purpose facility. Overall, the property is presented as a practical option for industrial and manufacturing enterprises that need a maintained, code-ready structure built in the early 2000s, with zoning flexibility to match their specific operating model.
Located in the Santa Clarita area, the property is described as having access to key transportation routes and is positioned within a thriving business community. The combination of building size and BP zoning is intended to support day-to-day operational needs for industrial users.
For buyers or operators looking to establish or expand an industrial footprint, this asset offers ample space for operations within one building. The BP zoning designation may be especially relevant for users seeking an industrial/manufacturing oriented setting rather than a strictly single-purpose facility. Overall, the property is presented as a practical option for industrial and manufacturing enterprises that need a maintained, code-ready structure built in the early 2000s, with zoning flexibility to match their specific operating model.
Key Highlights
- 27,354 SF industrial building
- Built in 2002
- BP zoning for industrial/manufacturing use flexibility
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$332,243
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,644,860
$6.6M
Cap Rate 7%
$4,746,329
$4.7M
Cap Rate 9%
$3,691,589
$3.7M
Market Conditions
NOI Build-Up for 27,354 SF
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.
Gross rent
$485.8K $17.76/SF
− Vacancy
−$11.2K −$0.41/SF
EGI
$474.6K $17.35/SF
− OpEx
−$142.4K −$5.21/SF
NOI
$332.2K $12.15/SF
Area
Santa Clarita, CA
Vacancy
2.30%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,644,860
Cap Rate 7%
$4,746,329
Cap Rate 9%
$3,691,589
Alternative Uses
Best Use
Industrial
$4.75M
$4.15M – $5.54M
NOI $332,243 @ 7.0% cap · market cap 4.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.86M
$6.00M – $8.00M
NOI $479,862 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
Explore this area
Business Placement
Demographics for 91350, CA
41,514
Population
13,959
Households
3
Avg Household Size
39
Median Age
41%
College-Educated
94%
High-School Grad
15.9 sq mi
ZIP Area
2,611
Density / Sq Mi
$135,612
Median Household Income
$65,115
Median Earnings
$2,485
Median Rent
$733,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Constructed in 2002 with BP zoning, this industrial building supports a range of manufacturing and distribution operations.
Where is this manufacturing property located?
The property is located at 20758 Centre Pointe Pkwy Santa Clarita, CA.
What is the asking price?
The asking price for this property is $8,206,200.
What are key features of this property?
This property features: 27,354 SF industrial building; Built in 2002; BP zoning for industrial/manufacturing use flexibility
