Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    23744-23780 Newhall Ave Santa Clarita, CA 91354

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime retail space, 2 buildings, 2,840 sq ft.

    Lot size:
    2,840 SF

    Property Features for 23744-23780 Newhall Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,840 SF

    Building Details

    Buildings
    2
    Stories
    1

    Spaces For Lease

    at 23744-23780 Newhall Ave, Santa Clarita, CA 91354 Contact us

    We can help!

    Listing Contact
    Erica Balin
    Erica Balin

    Listing Agency: Lee & Associates Listing Agent: Erica Balin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional retail opportunity in Santa Clarita, CA, presents 2,840 square feet of completely vacant space across two single-story buildings at 23744-23780 Newhall Ave, zip code 91354. Located in Los Angeles County, this property offers a flexible layout suitable for multiple tenants. The total space is divisible, with a minimum leasable area of 1,400 square feet and a maximum contiguous space of 1,400 square feet. The property features three individual suites, providing options for various business needs. Ample parking is available, with a ratio of 5 spaces per 1000 square feet. This prime location in Santa Clarita offers excellent visibility and accessibility for businesses seeking a thriving retail environment. The property is currently entirely vacant, presenting a unique chance for a single tenant to occupy the entire space or for multiple businesses to establish themselves in this desirable area. The address is 23744-23780 Newhall Ave, Santa Clarita, CA 91354. This is a rare opportunity to secure a well-located, versatile retail space in a growing market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Clarita
    County
    Los Angeles
    State
    California
    Longitude
    -118.5622893
    Latitude
    34.4627169

    Nearby Similar for Lease

    • $2,502 /Mo
      1,940 SF

      Newhall Commercial Space with Warehouse

      Corner unit with office and warehouse space for lease.
      24609 Arch St, Santa Clarita, CA 91321
      View Details
    • New
      Contact for pricing

      Gateway Plaza

      Flexible workspace in Irvine Spectrum
      25350 Magic Mountain Pkwy, Santa Clarita, CA 91355
      View Details
    • Sponsored
      Contact for pricing

      CA, Santa Clarita- Sierra Hwy

      Discover many ways to work your way in San Antonio Airport
      27125 Sierra Hwy, Santa Clarita, CA 91351
      View Details
    • $3,400 /Mo
      1,250 SF

      Valencia Office Space For Lease

      Shared commercial space in Valencia, ideal for startups and creative operations.
      25213 Anza Dr, Santa Clarita, CA 91355
      View Details
    • $0.99 SF/Yr
      68,945 SF

      Valencia Industrial Center Flex Space

      68,945 SF flex space in Valencia Industrial Center.
      26081 Avenue Hall, Santa Clarita, CA 91355
      View Details
    • Contact for pricing
      2,700 SF

      Santa Clarita Retail Spaces Available

      Retail and restaurant spaces available in high-traffic Santa Clarita location.
      23404-23434 Lyons Ave, Santa Clarita, CA 91321
      View Details
    • Contact for pricing
      96,247 SF

      Move-In Ready Santa Clarita Office

      Modern office space available for sublease in Santa Clarita.
      25129 Rye Canyon Loop, Santa Clarita, CA 91355
      View Details
    • $2 SF/Yr
      1,339 SF

      High Image Office Building

      Office space with double door entry and extensive window line.
      27441 Tourney Rd, Santa Clarita, CA 91355
      View Details
    • $2 SF/Yr
      10,436 SF

      Santa Clarita Medical/Professional Office Space

      Newly renovated medical/professional office space available for lease.
      23951 Newhall Ranch Rd, Santa Clarita, CA 91355
      View Details
    • $1.30 SF/Yr
      37,910 SF

      Santa Clarita Industrial Leasing Opportunity

      Modern warehouse and distribution facility in Santa Clarita, CA.
      24833 Anza Dr, Santa Clarita, CA 91355
      View Details
    • Contact for pricing

      Retail Space in Santa Clarita

      Prominent retail space available at a heavily traveled intersection.
      24860 Orchard Village Rd, Santa Clarita, CA 91355
      View Details
    • $2 SF/Yr
      3,000 SF

      Retail Space For Lease

      Retail space available for lease in Santa Clarita, CA.
      19409-19439 Soledad Canyon Rd, Santa Clarita, CA 91351
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime retail space, 2 buildings, 2,840 sq ft.
    Where is this retail property located?
    The property is located at 23744-23780 Newhall Ave Santa Clarita, CA.
    What are key features of this property?
    This property features: High-visibility retail space with prominent building signage.; Minutes from Old Town Newhall.; Excellent retail location near Dollar Tree, Starbucks, Panda Express, and Subway.
    (818) 444-4912 Call to check price and availability
    Request Owner's contact information
    23744-23780 Newhall Ave Santa Clarita, CA 91354
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23744-23780 Newhall Ave
    Santa Clarita, CA 91354
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23744-23780 Newhall Ave Santa Clarita, CA 91354
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Erica Balin
    Erica Balin
    Real Estate License ID: 01481476
    (818) 444-4912 (805) 490-9908 (818) 223-4388
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!