Retail Shopping
21515 Soledad Canyon Rd Santa Clarita, CA 91350
21515 Soledad Canyon Rd, Santa Clarita, CA, 91350
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For Sale
Contact for pricing
Well-sized retail shopping center offered for sale with a stated 6.25% CAP and 40,148 total square feet.
Property Size40,148 SF
Price / SF$337.45
Days on Market147
Property Features for 21515 Soledad Canyon Rd
General Information
- Standard status
- Active
- Size
- 40,148 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1989
Listing agency
SRS Real Estate Partners Newport Beach
Listed by
Carlos Lopez · License #CA 00980904
Source
Crexi
Added: Feb 26 Updated: Jul 23 at 3:28AM Checked: Jul 23 at 3:28AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This for-sale retail shopping center totals 40,148 square feet and is presented with a stated 6.25% CAP. The offering is positioned as an income-oriented retail asset based on the published cap rate.
The property is located at 21515 Soledad Canyon Rd in Santa Clarita, California (91350). Additional specific tenant, unit mix, and configuration details are not provided in the available information.
From a space perspective, the key provided details are the overall size and the stated cap rate, supporting due diligence for a retail buyer or investor evaluating the property on an income basis.
The property is located at 21515 Soledad Canyon Rd in Santa Clarita, California (91350). Additional specific tenant, unit mix, and configuration details are not provided in the available information.
From a space perspective, the key provided details are the overall size and the stated cap rate, supporting due diligence for a retail buyer or investor evaluating the property on an income basis.
Key Highlights
- Retail shopping center built in 1989
- Total building size: 40,148 SF
- Stated 6.25% CAP
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 | $963.6k | $24.00 |
| − Vacancy | −$40.6k | −$1.01 |
| EGI | $923.0k | $22.99 |
| − OpEx | −$276.9k | −$6.90 |
| NOI | $646.1k | $16.09 |
40,148 SF · lease $24.00/SF/yr · vacancy 4.21% · expense 30.00%
Alternative Uses
Best Use
Retail
$9.23M
$8.08M – $10.77M
NOI $646,091 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.06M
$8.80M – $11.74M
NOI $704,303 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
B & L Vacuum ...
General Contractor
Valencia Lighting & Fans
(Bike/Boat/Book/etc) Store
Beauty Square
Nail Salon
ME Portable Toilets
Building Supply
Cave Training
Gym & Fitness Center
Similar For Sale Nearby
Similar Off Market Nearby
- Quick-Tag — Walmart Supercenter, 26471 Carl Boyer Dr, Santa Clarita, CA 91350
- Soledad Plaza — Santa Clarita, CA 91351
- Centre Pointe Village — Carl Boyer Dr, Santa Clarita, CA 91350
FAQs
What type of property is this?
Shopping center - Well-sized retail shopping center offered for sale with a stated 6.25% CAP and 40,148 total square feet.
Where is this shopping center located?
The property is located at 21515 Soledad Canyon Rd Santa Clarita, CA.
What is the asking price?
The asking price for this property is $13,548,000.
What are key features of this property?
This property features: Retail shopping center built in 1989; Total building size: 40,148 SF; Stated 6.25% CAP