28212-28230 Constellation Rd Santa Clarita, CA 91355

This exceptional 60,474-square-foot industrial property in Valencia, CA, presents a compelling value-add investment opportunity. Located within the master-planned Rye Canyon Business Park, this Class B building boasts a prime location in Los Angeles County (APN 2866-039-026) and sits on a 4.31-acre lot. Currently, 60.4% of the space is leased to two long-term tenants, leaving approximately 23,000 square feet vacant, ideal for an owner-user or lease to additional tenants. The building features 14,281 square feet of office space, including a 3,770-square-foot finished mezzanine. The property includes four grade-level doors (12' x 14') and five dock-high doors (9' x 10'), all leading to a warehouse with a minimum 24-foot clear height. The building is equipped with a sprinkler system and has undergone substantial HVAC improvements. Electrical service is approximately 1,600 amps, 277/480V, 3-phase, 4-wire (buyer to verify). Ample parking is available with approximately 119 stalls. The asking price is $15,250,000, translating to approximately $252 per square foot. The property is zoned BP and was built in 2000. This property offers a unique blend of existing income and significant upside potential.