28965 Avenue Penn

Off-Market

28965 Avenue Penn, Valencia, CA 91355

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 51,061 SF
  • Lot Size 1.91 Acre
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2002

Contacts

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Owner

  • True Owner
  • Registered 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 18 Nov, 2016
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Valencia

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 Valencia Office Market

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

  • 2021 Avg. Asking Rent $39.89
  • 2021 Office Vacancy Rate 14.01%
  • 2021 Office Completions (SF) 180,000

Valencia Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $128.70
  • Y-o-Y Avg. PpSF Change -19.21%
  • 2021 Office Sales Volume $22.9M
  • 2021 Number of Transactions 3
View more Valencia market trends

Location

Getting Around

  • Walk Score ®

    13/100 Car-Dependent

  • Bike Score ®

    5/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Valencia, CA
  • Neighborhood Valencia
  • Zip Code 91355
  • Market Los Angeles

Points of Interest

  • Santa Clarita

    6.94 miles

  • Newhall

    7.95 miles

  • Piru

    9.01 miles

  • Conserv Fuel

    2.95 miles

  • Arco

    3.02 miles

  • Arco

    3.31 miles

  • Village Fuel Stop Inc

    3.42 miles

  • Mobil

    3.52 miles

  • 76

    3.54 miles

  • Shell

    3.55 miles

  • 7-Eleven

    3.61 miles

  • Chevron

    3.62 miles

  • 7-Eleven

    4.36 miles

  • Employee Parking

    2.53 miles

  • Staff Parking

    2.61 miles

  • Guest Parking

    2.80 miles

  • Lot 1

    3.93 miles

  • Lagoon Launch Ramp Parking

    3.97 miles

  • Lot 2

    4.06 miles

  • Fishing Area Parking

    4.14 miles

  • Kaiser

    4.14 miles

  • Lot 3

    4.14 miles

  • Lot 4

    4.22 miles

  • Jack in the Box

    0.86 miles

  • Wingstop

    1.36 miles

  • Las Delicias Sport Taqueria

    1.41 miles

  • Subway

    1.42 miles

  • Pizza Hut

    1.42 miles

  • Ameci Pizza and Pasta

    1.43 miles

  • Matsu Sushi

    1.43 miles

  • Subway

    2.02 miles

  • Johnny Rockets

    2.77 miles

  • Ace O' Clubs

    2.78 miles

  • Ralphs

    1.39 miles

  • Grocery Outlet

    1.40 miles

  • Walmart Supercenter

    3.64 miles

  • Ralphs

    3.83 miles

  • TJ Maxx

    4.62 miles

  • Target

    4.82 miles

  • Albertson's

    4.89 miles

  • Sprouts Farmers Market

    4.98 miles

  • Valley Produce Market

    4.99 miles

  • Ralphs

    5.02 miles

  • Los Angeles County Fire Department Station #143

    0.66 miles

  • Station 76

    1.76 miles

  • California Highway Patrol

    2.26 miles

  • First Aid

    2.69 miles

  • Weigh Station

    2.79 miles

  • Walgreens

    3.46 miles

  • Station 149

    3.73 miles

  • Rite Aid

    3.77 miles

  • Valencia Sports Medicine and Rehabilitation

    3.79 miles

  • UCLA Health

    4.04 miles

Frequently Asked Questions

What is the total square footage of 28965 Avenue Penn?

28965 Avenue Penn totals 51,061 square feet.

When was this property built?

28965 Avenue Penn was built in 2002.

When was 28965 Avenue Penn last sold?

28965 Avenue Penn was last sold on 18 Nov, 2016.

What is the market value for 28965 Avenue Penn?

The market value* for 28965 Avenue Penn in 2022-2023 was $9,339,567.
*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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