AVAILABILITY DETAILS
- Size
- 25,790 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA553025
- Notes
- THE PROPERTY
Welcome to 24601-24647 Arch Street, a premier retail center in the heart of Newhall, CA. Spanning ± 25,790
square feet and situated on 1.88 acres across two properties, this asset is located within the highly versatile MXN (Mixed-Use Neighborhood) zoning, offering endless possibilities for future development.
This property is not just a retail center; it’s a canvas for visionary developers. With the potential for a staggering
1.3 million square feet of development across the street, the upside of this strip center is undeniable. With a
diverse mix of tenants at 100% occupancy, investors have the unique opportunity to collect steady rental
income from existing gross leases while navigating the entitlement process for a transformative project.
Don’t miss the chance to secure a prime asset in a thriving community, ideal for both seasoned investors and
developers with a vision for the future.
PROPERTY SUMMARY
Los Angeles
PROPERTY DETAILS
LOT SIZE
ZONING
COUNTY
PROPERTY TYPE Strip Center
MX-N
± 81,736 SF
OCCUPANCY 100%
LEASABLE AREA ± 25,790 SF
PRICE $7,500,000
PARKING RATIO 3.4/1,000 SF
- Uses
- Retail
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Adam Wiegand, SVN Vanguard