Santa Clarita, CA - Golden Oak Plaza
$13,548,000
21515 Soledad Canyon Rd, Santa Clarita, CA 91350
6.25
Cap Rate
847,148
NOI
Details:
Description:
• Approximately 65% of the tenant roster is paying rents significantly below both market rates and those of other tenants within the center, providing a future investor with meaningful upside through lease‑up and rental rate adjustments
• Santa Clarita’s tourism and recreation sectors are anchored by Six Flags Magic Mountain, a top Southern California destination that draws millions of annual visitors and helps drive year‑round foot traffic throughout the region
• To meet increasing demand for accommodations, hotel development is also ramping up, including new Homewood Suites and Hampton Inn projects currently under construction
• The city is enhancing public amenities as well, with investments like Via Princessa Park, which will offer multi‑purpose sports fields, picnic areas, and a nature‑themed playground, attracting further residents to the area
• Located across from the Centre Pointe Business Park, a major employment hub with 2.5 million square feet of office, industrial, and mixed‑use space
• The adjacent Centre Pointe Marketplace is anchored by national retailers including Walmart, Sam’s Club, Home Depot, LA Fitness, Dick’s Sporting Goods, and Burlington, generating over 2 million annual visits (Placer.ai)
• The nearby Valencia Town Center remains a premier shopping destination with over 1 million square feet and more than 170 stores, while the Vista Canyon project combines 650,000 square feet of office space with 165,000 square feet of retail
Location
Gallery