Two-Story Corner Building For
For Sale
Contact for pricing
26707 Oak Ave, Santa Clarita, CA 91351
Two-story stand-alone building with corner location and investment potential.
Property Size4,020 SF
Price / SF$398.01
Days on Market166
Property Features for 26707 Oak Ave
General Information
Standard status
Active
Size
4,020 SF
Total Parking Spaces
8
Property subtype
Retail, Office, Mixed Use
Occupancy
90%
Building Details
Year Built
1979
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Knollwood Realty
(818) 366-7107
Listed By:
Cathy Derose · License #00843669
Source:
Crexi
Added: Feb 27
Changed: Aug 8
Last Checked: Aug 11 at 4:35PM
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 Knollwood Realty
Investment Insights
Based on property information with market context.
This two-story, stand-alone building offers a corner location with potential for an owner-user or as an income-producing investment. The property features a flexible layout and is currently fully occupied by four tenants. The layout could be divided into seven or possibly eight individual spaces. The building has a size of 4020 square feet.
Key Highlights
- Stand‑alone two‑story building.
- Great corner location.
- Income‑producing investment potential.
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
$64,693
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
4.04%
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%
$1,293,860
$1.3M
Cap Rate 7%
$924,186
$924.2K
Cap Rate 9%
$718,811
$718.8K
Market Conditions
NOI Build-Up for 4,020 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
$96.5K $24.00/SF
− Vacancy
−$4.1K −$1.01/SF
EGI
$92.4K $22.99/SF
− OpEx
−$27.7K −$6.90/SF
NOI
$64.7K $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 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%
$1,293,860
Cap Rate 7%
$924,186
Cap Rate 9%
$718,811
Alternative Uses
Best Use
Retail
$924.2K
$808.7K – $1.08M
NOI $64,693 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$881.5K – $1.18M
NOI $70,521 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
953
Businesses Nearby
201k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Home Improvements & Furnishings 26%
Apparel 17%
Dining 16%
Sam's Club Gas Station
Shops & Services
52,734 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
47,038 visits/mo
0.3 miles
DICK'S Sporting Goods
Apparel
34,256 visits/mo
0.5 miles
Starbucks
Dining
16,992 visits/mo
0.3 miles
Panda Express
Dining
10,090 visits/mo
0.3 miles
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Vivian's Flower Market — 20655 Soledad Canyon Rd suite 42, Santa Clarita, CA 91351
- Sam's Club Floral — 26468 Carl Boyer Dr, Santa Clarita, CA 91350
Frequently Asked Questions
What type of property is this?
Storefront property - Two-story stand-alone building with corner location and investment potential.
Where is this storefront property located?
The property is located at 26707 Oak Ave Santa Clarita, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Stand‑alone two‑story building.; Great corner location.; Income‑producing investment potential.
