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18009 Sierra Highway, Canyon Country, CA 91351

Commercial property

18009 Sierra Highway, Canyon Country, CA 91351 Sold August 2023 CRMLS
$2,800,000Sold August 2023

Listing Agent: Stephen Shloss (DRE #01226352) · Listing Office: Regency Real Estate Brokers · Contact: 9492921323 · Bought with: Bob Loner · Realty Executives SCV · MLS #OC23043517 · Source: CRMLS

13,350
Building Sq Ft
21
Units
4.00%
Cap Rate
$135,383
NOI
39,824 sqft
Lot Size
1974
Year Built
SCCC
Zoning
Commercial property
Type

About this commercial property

NEW PRICE! Great investment opportunity to own 18003-18009 Sierra Hwy in Canyon Country/Santa Clarita to own a 100% leased auto repair center with long term tenants and a lot of upside on rents. The property has three buildings totaling approximately 13,350 square feet. All tenants have long upstanding businesses with excellent reputations. The Sierra Highway Auto Center has 13,350 SF, of Retail space with 6 units and is 100% Leased with Long Term Tenants. Great Investment and Income opportunity with a lot of Upside. Multi-tenant, Class C Industrial building for Sale. 13,350 SQFT, 3 Building property situated on a 0.91 Acre lot located in Canyon Country. This Retail Auto Repair Center has 4 long term tenants and is 100% Leased. The Property offers a great opportunity for passive cash flow with a lot of potential for value-add opportunity, significant upside on rents or through lease-up strategies or re-positioning the asset long-term.

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$2,800,000
Sold August 2023 · listed $3,750,000, orig. $4,250,000, on market March 2023 · MLS #OC23043517 · Source: CRMLS
Listing Agent: Stephen Shloss · Listing Office: Regency Real Estate Brokers · Contact: 9492921323 · Bought with: Bob Loner · Realty Executives SCV
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