Three Old Town Newhall Properties For Sale...under way as projects such as the Newhall Crossings,...

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CRISSMAN COMMERCIAL SERVICES, INC. | 25129 The Old Road, Suite #212, Santa Clarita, CA 91381 | PH: 661.295.9300 FX: 661.295.0527 Residential/Commercial/Land 24320, 24324, 24326 Walnut Street, Newhall, Santa Clarita, CA 91321 Three Old Town Newhall Properties For Sale Owner will consider selling parcels individually or as a Portfolio

Transcript of Three Old Town Newhall Properties For Sale...under way as projects such as the Newhall Crossings,...

Page 1: Three Old Town Newhall Properties For Sale...under way as projects such as the Newhall Crossings, Laemmle Theatre, and Luxen Hotel progress. The Newhall Crossings and Laemmle Theatre

CRISSMAN COMMERCIAL SERVICES, INC. | 25129 The Old Road, Suite #212, Santa Clarita, CA 91381 | PH: 661.295.9300 FX: 661.295.0527

Residential/Commercial/Land 24320, 24324, 24326 Walnut Street, Newhall, Santa Clarita, CA 91321

Three Old Town Newhall Properties For Sale

Owner will consider selling parcels individually or as a Portfolio

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TABLE OF CONTENTS

Crissman Commercial Services, Inc. makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Crissman Commercial is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporations’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Crissman Commercial, its affiliates, or any agent, product, service, or commercial listing of Crissman Commercial, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

Property Summary.………………………...…...… Pg. 3

Property Details/Lease Summary…....…….……. Pg. 4

Parcel Identifier/Aerial Photos……………....…… Pg. 5

Photos……..…...……………………………...…… Pg. 6

Location..…………………...….……….………...… Pg. 7

Local Attractions…….…………………..…………. Pg. 8

Demographics……………………………………… Pg. 9

Restaurants of Old Town………………………….. Pg. 10

Santa Clarita Development Map….….................. Pg. 11

Newhall Ranch Development………………….…. Pg. 12

Primary Contacts:

Tim Crissman – Broker

O: (661)295-9300

M: (661)510-8145

[email protected]

DRE# 00855176

Aaron Avila – Senior Associate

O: (661)295-9300

M: (661)993-9873

[email protected]

DRE# 02037778

Dean Cox – Senior Associate

O: (661)295-9300

M: (661)644-6120

[email protected]

DRE# 01331788

Jacob Hodges – Office Manager

O: (661)295-9300

M: (818)304-2304

[email protected]

DRE# 02058432

Free 372 Space Parking

Garage on the corner of

Main & 8th Street

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24320-24326 Walnut Street | PAGE 3

PROPERTY SUMMARY:

This Portfolio consists of three contiguous parcels in the heart of Old Town Newhall; Santa Clarita’s Arts &

Entertainment District. The properties consist of a commercial office building, a single family residential dwelling, and a

vacant lot, all within the SC-SP3 Zone (Newhall Specific Plan). There is an abundance of amenities nearby with many more

under way as projects such as the Newhall Crossings, Laemmle Theatre, and Luxen Hotel progress. The Newhall Crossings

and Laemmle Theatre developments are scheduled to be delivered in 2019 and consist of 20,000 Sq. Ft. of commercial

space, 47 residential dwellings, a 372 space parking garage, a 7 screen movie theatre and a 2,000 Sq. Ft. restaurant space

with courtyard seating. These projects are projected to attract an extra 250,000 patrons annually. Property is also in close

proximity to the Metro Link station, Interstate 5, and CA-14, making it a very commuter friendly location. Other amenities

include William S Hart Park & Museum, Newhall Library, and Newhall Memorial Park all within ¼ mile of this location.

SUMMARY

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TENANT LEASE SUMMARY Tenant

Name

Suite Square

Feet

Term

Comm. Expires

Monthly

Rent/SF

Total

Rent/

Month

Total

Rent/Year

Adjusts On Adjusts To Lease

Type

Cinderella

Beauty Shop

24324

1st

Floor

920

Approx.

3/1/2016-Month to Month N/A $1,100 $13,200 N/A N/A MG

Residence 24326 504

Approx.

7/15/2018-Month to Month N/A $500 $6,000 N/A N/A MG

Offering Site Description

Address: 24320 Walnut St., Newhall, CA 91321

APN: 2831-012-012

Type: Vacant Land

Zoning: SC-SP3(Newhall) – Urban General 2

Price: $175,000

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Address: 24326 Walnut St., Newhall, CA 91321

APN: 2831-012-014

Type: Private Residence

Zoning: SC-SP3(Newhall) – Urban General 2

Price: $375,000

Address: 24324 Walnut St., Newhall, CA 91321

APN: 2831-012-013

Type: Commercial Office/Retail Building

Zoning: SC-SP3(Newhall) – Urban General 2

Price: $545,000

Asking Price as Portfolio: $995,000

Parcel #012 (24320 Walnut Street): Year Built: Vacant

Gross Building SF: Vacant

Lot Size: 0.073 AC / 3,182 Sq. Ft.

Parcel #013 (24324 Walnut Street): Year Built: 1976

Gross Building SF: 1,840 Sq. Ft.

Lot Size: 0.071 AC / 3,096 Sq. Ft.

Parcel #014: (24326 Walnut Street): Year Built: 1928

Gross Building SF: 504

Lot Size: 0.074 AC / 3,206 Sq. Ft.

Portfolio Gross Building SF: 2,344 (Approx.)

Total Lot Size: 0.22 AC / 9,484 Sq. Ft.

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Parcel Identifier/Aerial Photos

A B

C

A

B

C

APN #: 2831-012-014

24324 Walnut Street

APN #: 2831-012-013

24324 Walnut Street

APN #: 2831-012-012

24320 Walnut Street

24320-24326 Walnut Street | PAGE 5

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Photos

24320-24326 Walnut Street | PAGE 6

2nd Floor Office Space

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LOCATION

Only 2 miles from the 14 Freeway

Approximately 30 miles from Downton Los Angeles

Approximately 30 miles from Pasadena

In Santa Clarita’s Arts & Entertainment District

Surrounded by residential and commercial areas

Many amenities nearby

Interstate 5 is just a short drive away down the Lyons Corridor

25057 PEACHLAND AVENUE | PAGE 7

Lyons Avenue

Old Town Newhall

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Local Attractions

Newhall Library Veteran’s Memorial Park William S. Hart

Museum & Park

• ¼ Mile away! • Luxurious build out makes it

a great place to lounge, read, or study.

• At the intersection of Lyons Avenue & Main Street.

• A great anchor that attracts residents from all over the Santa Clarita Valley.

• 400 Feet away! • A beautiful memorial park at

the entrance of Old Town Newhall.

• An excellent place for residents and patrons to relax, exercise, or eat their lunch from one of the many local restaurants.

• Professionally kept and maintained.

• ¼ Mile away! • The Hart museum was

formerly William S Hart’s 10,000 Square Foot home.

• The Animal Barnyard is home to Bison, Cattle, chickens, pigs, deer, & more!

• Hosts great events including: • Concerts in the Park • Bow-wows & Meows

Pet Fair. • Go Country at Hart. • & More

24320-24326 Walnut Street | PAGE 8

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DEMOGRAPHICS

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Old Town Newhall Restaurants

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Purple: City Projects

Green: Entitled Residential

Red: Pending Residential

Blue: Entitled Commercial

Orange: Pending Commercial

1. Redevelopment Block

2. Sherriff Station

3. Canyon Country Community

Center

4. West Creek/West Hills

5. Five Knolls

6. River Village D

7. Phantom Trail

8. Vista Canyon Ranch

9. 3 Oaks/NAD

10. Dentec

11. Five Knolls Senior

12. Aliento GVR Senior

13. Aliento GVR Ranch

14. Newhall Crossings

15. Sand Canyon Plaza

16. Ravello/Placerita Meadows

17. Needham Ranch

18. Oliver Hotel

19. West Hills/West Creek

20. Residence Inn

21. West Hills/West Creek Retail

22. Cinque Terra

23. VTC Square

24. Tourney Place

25. Luxen Hotel

26. Laemmle Theatres

27. Newhall Crossings

28. Sand Canyon Plaza

29. Hampton Homewood Suites

30. Former Pier One Building

31. Providence Healthcare

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SANTA CLARITA DEVELOPMENTS

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It will be considered the largest subdivision of its kind in the nation!

Projected to provide:

• 60,000 Permanent jobs!

• $800 Million in state and local taxes!

• More than 21,500 homes for the Santa Clarita Valley as well as commercial developments

and schools!(over a period of 20 years)

Innovative GREEN building practices! • Reducing net greenhouse gas emissions from the project & construction to

practically nothing! Source: http://netzeronewhall.com/

NEWHALL RANCH DEVELOPMENT (APPROVED)

24320-24326 Walnut Street | PAGE 12