Investors looking for a premium multi-tenant industrial property at an incredible value—now is the time to act. The 20663-20665 Santa Clara St property, located in the heart of Santa Clarita, CA, has just undergone a significant price reduction, making this a prime opportunity for both seasoned and new investors.
Why 20663-20665 Santa Clara St Stands Out
This 11,300-square-foot industrial building sits on a 2.17-acre lot zoned BP (Business Park), offering an array of versatile spaces ideal for various uses, from manufacturing to automotive services. Here’s what makes this investment unique:
Key Property Features
- Prime Corner Location: Situated at the intersection of Santa Clara Street and Ruether Avenue, ensuring excellent visibility and access.
- Gated and Secure: The property is fully fenced, offering enhanced security for tenants and their operations.
- Ample Outdoor Space: Large outdoor areas complement the enclosed structures, allowing for storage and other outdoor activities.
- Flexible Tenancy:
- 15 units in total, with a mix of month-to-month leases and vacancy opportunities.
- Six units will be delivered vacant at close of escrow (COE)—ideal for repositioning or owner-user occupancy.
Current and Stabilized Income Potential
- Current Net Operating Income (NOI): $286,587
- Stabilized NOI: $729,303
This price reduction opens the door for investors to significantly increase their returns as they stabilize the property and capitalize on its location within the highly desirable Santa Clarita industrial market.
A Thriving Commercial Hub
Santa Clarita is consistently ranked as one of Los Angeles County’s most business-friendly cities. With no business license fees, utility user taxes, or gross receipts taxes, tenants enjoy lower operating costs, making it an attractive location for long-term leases. Additionally, the city’s proximity to major highways, including Interstate 5, makes it a central point for logistics and distribution.
Demographics Snapshot
- Population within 5 miles: 220,474
- Median household income: $113,680
These metrics indicate strong community support and a thriving local economy.
Investment Opportunity at Its Best
This multi-tenant industrial property offers an unbeatable combination of location, space, and future income potential. Whether you’re seeking a value-add opportunity or long-term investment, 20663-20665 Santa Clara St is your chance to secure a foothold in one of Southern California’s most sought-after industrial markets.
Ready to Learn More?
Interested in taking the next step? Contact the listing team at Stratton Commercial Real Estate to schedule a tour and receive detailed financials.
Contact Information:
- Robert Stratton | CEO / President
661-212-5699
Robert@StrattonCRE.com
DRE #01182000