Renovated Multi-Tenant Investment
17734 Sierra Hwy, Santa Clarita, CA 91387
12,960 SF renovated mixed-use property with street frontage.
Type:Mixed Use, Office, Retail
Property size:
12,960 SFPrice / SF:
$308/SF- Added:
- Apr 18, 2025
- Days on Market:
- 411
- Last Refresh:
- May 12 at 9:45 pm
Property Features for 17734 Sierra Hwy
General Information
- Standard status
- Active
- Size
- 12,960 SF
- Property subtype
- Mixed Use, Office, Retail
Building Details
- Year Built
- 1978
Listing agent Bob Loner License #CA 00648540
Listing office Realty Executives Canyon
Listing date Apr 18, 2025
Source Crexi
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 Canyon
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.
- Multi‑tenant structure with 10 rentable suites.
- Ample parking: 29 exclusive parking stalls plus abundant street parking.
- Owner/user opportunity: potential to occupy a portion of the property.
Overview
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.
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
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 local authorities.
Location Intelligence
Current Use by Public Records
KIRK'S
Home Decor Store
A A Screen Doors & Windows
Hardware & Home Improvement
Location Insight
- Map
- Local Demand
- City
- Santa Clarita
- County
- Los Angeles
- State
- California
- Longitude
- -118.4453091
- Latitude
- 34.4279846
Nearby Similar for Sale
FAQs
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 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: 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.
