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General Retail For Sale • 49,371 SF
| Multi-Faceted "Box Checking" Retail Center Investment - Wholly Owned, Five-Parcel Configuration with Repositioning and Spin-Off Potential |
| High Credit, Proven Tenant Mix – Highridge Crossing includes a complementary and synergistic tenant mix of national, regional, and local retailers |
| Consistently High Occupancy – 14 tenants totaling 41,631 SF (79% of the occupied GLA) have occupied the property for 10+ years |
| Tremendous Tenant Sales Performance – In addition to strong historical occupancy, tenants report extremely strong sales averaging ~$650 PSF |
| Strong Income Growth – Through lease-up of the current 8.9% vacancy, the NOI is projected to grow over 14% upon stabilization and 65% over 10 years |
| High-Demand, Synergistic Retail Hub – is located at THE signalized intersection in the trade area, Newhall Ranch Road (+37,000 CPD) and Copper Hill Dr |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Santa Clarita (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) | 9 min | - | 4.4 mi |
| Newhall (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) | 13 min | - | 6.6 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 32 min | - | 24.0 mi |
| Los Angeles International | 53 min | - | 41.1 mi |
John Read
CBRE
John Read
CBRE
