23310 Cinema Dr., Santa Clarita, CA 91355

We are pleased to have sold pleased The Octagon Plaza, a Triple Net strip retail center with seven retail shops and a diverse tenant mix. This property has tremendous upside for a seasoned investor looking to stabilize the asset; on the other hand, the shorter-term tenancy opens up the pool of Buyer’s for a potential owner-user. This Buyer has a plethora of available financing both conventional and SBA loans readily available. The property is a newer construction, separately metered with high ceilings and quality finishes. It could also be an ideal scenario for medical use. The building is situated on the southeast corner of Cinema Drive and Hollywood Court in Valencia, California. Property is in proximity to other retailers including Trader Joe’s, Kmart, and by retail and new developments. Retailers in the immediate area include Auto Dealerships such as BMW, Mercedes Benz, Toyota and more, it is also nearby to Kmart Trader Joe’s, Best Buy and other national retailers. New developments in the area include a state-of-the-art medical buildings as well. The average household income within a three-mile radius is $89,299, well above the national average.

Previous
Previous

500 E. Colorado St, Glendale, CA

Next
Next

10940 Vanowen St, North Hollywood, CA