Renovated Multi-Tenant Investment
For Sale
$3,999,950
17734 Sierra Hwy, Canyon Country, CA 91351
12,960 SF renovated mixed-use property with street frontage.
Property Size12,960 SF
Price / SF$308.64
Days on Market222
Property Features for 17734 Sierra Hwy
General Information
Standard status
Active
Size
12,960 SF
Building Details
Year Built
1978
Listing Agency:
Realty Executives SCV
Listed By:
Bob Loner · License #00648540
(661) 250-8670
Source:
Myfabuloushome
Added: Mar 27
Changed: Oct 31
Last Checked: Nov 1 at 3:37PM
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 SCV
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Investment Insights
Based on property information with market context.
This multi-tenant investment property, fully occupied by tenants, offers approximately 12,960 square feet of space. The building features around 9,815 square feet of ground-level retail, service, and office storefronts, complemented by 3,145 square feet of second-level office space. The ground floor comprises eight rentable suites or storefronts, with sizes ranging from 755 to 2,323 square feet, each equipped with its own restroom and HVAC system. The second floor includes one 800-square-foot suite and another divisible suite of 2,345 square feet, totaling ten suites. Renovated and modernized in 2022, the property includes a new roof, HVAC systems, ADA-compliant 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, ensuring high visibility. A new asphalt parking lot provides 29 exclusive parking stalls, supplemented by ample street parking. This property presents an opportunity for an owner/user to occupy a portion of the building.
Key Highlights
- 100% tenant occupied investment property provides immediate income.
- Renovated in 2022: new roof, HVAC, restrooms, doors, windows, electrical, plumbing, siding, parking lot.
- High street visibility with 180 feet of frontage on Sierra Hwy.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$208,562
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,171,240
$4.2M
Cap Rate 7%
$2,979,457
$3.0M
Cap Rate 9%
$2,317,356
$2.3M
Market Conditions
NOI Build-Up for 12,960 SF
Gross rent
$311.0K $24.00/SF
− Vacancy
−$13.1K −$1.01/SF
EGI
$297.9K $22.99/SF
− OpEx
−$89.4K −$6.90/SF
NOI
$208.6K $16.09/SF
Area
Santa Clarita, CA
Vacancy
4.21%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,171,240
Cap Rate 7%
$2,979,457
Cap Rate 9%
$2,317,356
Alternative Uses
Best Use
Retail
$2.98M
$2.61M – $3.48M
NOI $208,562 @ 7.0% cap · market cap 5.21%
Second Best
Mixed Use
$2.50M
$2.19M – $2.92M
NOI $174,960 @ 7.0% cap · market cap 4.37%
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 authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
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Business Placement
Demographics for 91351, CA
34,684
Population
10,641
Households
3.3
Avg Household Size
37
Median Age
25%
College-Educated
84%
High-School Grad
8.7 sq mi
ZIP Area
3,987
Density / Sq Mi
$112,888
Median Household Income
$48,698
Median Earnings
$2,272
Median Rent
$589,400
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - 12,960 SF renovated mixed-use property with street frontage.
Where is this mixed-use property located?
The property is located at 17734 Sierra Hwy Canyon Country, 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: 100% tenant occupied investment property provides immediate income.; Renovated in 2022: new roof, HVAC, restrooms, doors, windows, electrical, plumbing, siding, parking lot.; High street visibility with 180 feet of frontage on Sierra Hwy.
