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The Center at Shangri-La

Off-Market

18635 Soledad Canyon Road, Santa Clarita, CA 91351

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  • Property Type Retail - Neighborhood Center
  • Property Size 53,692 SF
  • Lot Size 5.88 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2001

Location

  • City Santa Clarita, CA
  • Neighborhood Canyon Country
  • Zip Code 91351
  • Market Los Angeles

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 07 Sep, 2012
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Santa Clarita

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Santa Clarita Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $33.11
  • 2020 Office Vacancy Rate 15.09%
  • 2020 Office Completions (SF) 81,649
View more Santa Clarita market trends

Tax

  • Property Tax in 2021-2022 $138,471
  • Market Value* $11,604,022
  • Assessed Value $11,604,022

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of The Center at Shangri-La?

The Center at Shangri-La totals 53,692 square feet.

When was this property built?

The Center at Shangri-La was built in 2001.

When was The Center at Shangri-La last sold?

The Center at Shangri-La was last sold on 07 Sep, 2012.

What is the property tax for The Center at Shangri-La?

The property tax for The Center at Shangri-La in 2021-2022 was $138,471.

What is the market value for The Center at Shangri-La?

The market value* for The Center at Shangri-La in 2021-2022 was $11,604,022.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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