24050 Creekside Rd

24050 Creekside Rd, Santa Clarita, CA 91355

  • For Sale $41,654,000
  • Property Type Retail
  • Property Size 39,195 SF
  • Cap Rate % 5
  • Additional Rent Contact for pricing
  • Date Updated Nov 4, 2024
  • Visibility/Traffic Count (VPD) 181,000

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, investment grade (S&P: BBB), Tesla investment property located in Santa Clarita, California (Los Angeles MSA). The tenant, Tesla Motors, Inc recently signed a brand new 15-year lease, commencing Sept. 2024, with 2 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 3% annual rental increases throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The NNN lease structure allows a future investor to recover all operating expenses, excluding a management fee. The tenant, Tesla Motors, Inc. is one of the world’s most valuable companies and remains the world’s most valuable automaker with a market capitalization of almost $600 billion. Also, with the site being located in Santa Clarita, the subject property is excluded from the new LA City mansion tax.

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Contacts

broker

SRS Real Estate Partners

Location

Getting Around

  • Walk Score ®

    56/100 Somewhat Walkable
  • Bike Score ®

    71/100 Very Bikeable
Powered by Walk Score ®
  • City Santa Clarita, CA
  • Neighborhood Valencia
  • Zip Code 91355
  • Market Los Angeles

Points of Interest

  • Santa Clarita

    1.80 miles

  • Newhall

    3.20 miles

  • Via Princessa

    5.00 miles

  • Electrify America

    0.39 miles

  • Tesla Supercharger

    0.85 miles

  • Arco

    0.88 miles

  • Chevron

    0.90 miles

  • 76

    0.93 miles

  • 7-Eleven

    1.35 miles

  • Shell

    1.74 miles

  • Mobil

    1.79 miles

  • Circle K

    1.79 miles

  • Kaiser

    1.23 miles

  • Metrolink

    1.76 miles

  • Guest Parking

    2.39 miles

  • Staff Parking

    2.64 miles

  • Employee Parking

    2.68 miles

  • Saugus High School Parking

    2.70 miles

  • Centre Pointe Collision Center

    2.91 miles

  • Overflow Parking

    3.27 miles

  • Office Parking

    3.50 miles

  • Heritage Junction Parking

    3.55 miles

  • Chick-fil-A

    0.13 miles

  • Mimi's Cafe

    0.14 miles

  • Burger King

    0.19 miles

  • Cinnabon

    0.20 miles

  • Saddle Ranch

    0.20 miles

  • The Cheesecake Factory

    0.24 miles

  • Souplantation

    0.26 miles

  • The Dudes Brewing Company

    0.27 miles

  • Hook Burger

    0.29 miles

  • Buca di Beppo

    0.29 miles

  • Sprouts Farmers Market

    0.19 miles

  • JCPenney

    0.22 miles

  • Westfield Valencia Center

    0.25 miles

  • Macy's

    0.34 miles

  • Target

    0.35 miles

  • Whole Foods Market

    0.43 miles

  • 99c

    0.45 miles

  • Kohl's

    0.54 miles

  • TJ Maxx

    0.56 miles

  • Valley Produce Market

    0.78 miles

Frequently Asked Questions

How much does 24050 Creekside Rd cost?

The space currently listed for sale at 24050 Creekside Rd asks for $41,654,000.

What is the total square footage of 24050 Creekside Rd?

24050 Creekside Rd totals 39,195 square feet.

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Contact Listing Broker
broker

SRS Real Estate Partners