24903 Avenue Kearny
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24903 AVENUE KEARNY LARGEST INDUSTRIAL BUILDING FOR SALE IN THE LA NORTHWEST REGION 24903 AVENUE KEARNY SANTA CLARITA, CALIFORNIA 91355 214,436 ± SF CONTACT TABLE OF CONTENTS JAMES ABBOTT EXECUTIVE SUMMARY PAGE 3 EXECUTIVE DIRECTOR (213) 892-8881 X 288 [email protected] PROPERTY OVERVIEW PAGE 4 ID 00769697 Building Specifications Page 5 LA Northwest Regional Map Page 6 JAMES EBANKS 24903 Avenue Kearny Gallery Page 7 SENIOR DIRECTOR Site Plan Page 8 (661) 702-8880 X 12 Site Plan Visuals Page 9 [email protected] Points of Interest Map Page 10 ID 00880338 LAUREN HUNT REGION & DEMOGRAPHICS PAGE 11 DIRECTOR Demographics Page 12 (661) 702-8880 X 18 Regional Map Page 14 [email protected] Doing Business in the SCV Page 15 ID 01820732 Master-Planned Community Page 18 Business Parks Map & Corporate Neighbor Occupants Page 19 DAVID BINSWANGER MANAGING DIRECTOR (215) 448-6095 SCV INDUSTRIAL MARKET OVERVIEW PAGE 20 [email protected] CoStar’s Market Snapshot Page 21 Example of Institutional Interests in the SCV Market Page 22 Absorption Chart Page 23 Building Sales Comp Profile Page 24 RAGINC.COM Land Sales Comp Profile Page 25 CONTACT INFORMATION PAGE 26 24903 AVENUE KEARNY, SANTA CLARITA, CALIFORNIA 91355 / 214,436 ± SF EXECUTIVE SUMMARY Binswanger/Realty Advisory Group is pleased to represent In 2018, the City was recognized in a Cost of Doing Business Survey AmerisourceBergen, a Fortune 100 company, in the sale of its by Kosmont-Rose Institute as being among the “Most Business- facility located at 24903 Avenue Kearny, Santa Clarita, CA 91355 Friendly” cities in Los Angeles County. Santa Clarita is also the (“the Property”). third largest municipality in LA County. The Santa Clarita Valley has a population of nearly 300,000 residents. This institutional-grade Property is the largest industrial facility for sale in the entire LA North Region. If the LA North Region The Property features an appealing street elbow location in the was a stand-alone city, it would be the seventh largest city in the master-planned Valencia Industrial Center (“VIC”) that is on the United States. The Property is immediately adjacent to Highway east side of Interstate 5. It is within 2 miles of just about any 126, which along with service streets provides convenient (less desired community amenities such as Westfield Valencia Town than 1.6 miles) access to Interstate 5 (“I-5”). I-5 is the busiest Center, Hyatt Regency Valencia and many others. The bottom- commercial transportation corridor on the West Coast between line is the area features a wide array of attractive shopping and Canada and Mexico. dining opportunities, places to entertain clients and visitors from out of town. The building is approximately 214,436 square feet, concrete tilt up construction, has a minimum interior clear height range of From its institutional-grade design, premier location within the Santa 27’ – 30’, is situated on approximately 10.091 acres and has Clarita Valley and access to the region’s transportation corridors, full drive around access with car parking on all four sides of this unique property is an opportunity for an institutional investor the building. The entire Property is fully fenced / secured and or owner/user to own one of the largest assets in the region. has convenient access to the City of Santa Clarita’s (“City”) master planned commercial and residential communities. 3 PROPERTY OVERVIEW 24903 AVENUE KEARNY SANTA CLARITA, CALIFORNIA 91355 214,436 ± SF 24903 AVENUE KEARNY, SANTA CLARITA, CALIFORNIA 91355 / 214,436 ± SF PROPERTY OVERVIEW BUILDING SPECIFICATIONS Total Building Square Feet ± 214,436* Land Area ± 10.091 Acres Amperage 2,000 Construction Type Concrete Tilt Up Interior Clear Height 27’ to 30’ Sprinkler System Fully Sprinklered Warehouse Floor 8” Reinforced Concrete 27 Loading Doors 9 Dock High Doors with Load Levelers Loading 17 Step Van High Doors (Interior) 1 Ground Level Door Truck Apron Concrete and Secure Truck Apron Truck Access Exclusive Truck Access Through Separate Driveway/Security Gate Office Access Exclusive Employee Access Through Separate Driveway/Security Gate Site Site Perimeter Fully Secured and Gated Zoning SCBP (Santa Clarita Business Park) Car Parking Spaces 323 ± Could Possibly be Improved APN 2866-018-056 PROPERTY OVERVIEW Freeways Easy Access to Interstate 5, Highway 126 & Highway 14 Mezzanine 40,000 SF of Warehouse Mezzanine (Not Included in the Square Footage Amount) * In addition to this square footage, there is approximately 40,000 square feet of freestanding/removable mezzanine area – “Bonus Area.” 5 PROPERTY OVERVIEW LA NORTHWEST REGION: SANTA CLARITA VALLEY & SAN FERNANDO VALLEY PORT OF LOS ANGELES MALIBU SANTA MONICA THOUSAND OAKS LOS ANGELES SIMI VALLEY GLENDALE BURBANK PASADENA SAN FERNANDO VALLEY SANTA CLARITA VALLEY 24903 AVENUE KEARNY LARGEST INDUSTRIAL BUILDING FOR SALE IN THE LA NORTHWEST REGION 24903 AVENUE KEARNY, SANTA CLARITA, CALIFORNIA 91355 / 214,436 ± SF PROPERTY OVERVIEW 24903 AVENUE KEARNY GALLERY 7 PROPERTY OVERVIEW SITE PLAN 24903 AVENUE KEARNY, SANTA CLARITA, CALIFORNIA 91355 / 214,436 ± SF PROPERTY OVERVIEW SITE PLAN VISUALS MINIMUM CLEAR ABUNDANT HEIGHT RANGE: PARKING 27’-30’ OFFICE AREA ELBOW STREET FENCED CONCRETE LOCATION WITH 27 DOCK TRUCK COURT FENCED PROPERTY HIGH DOORS 9 PROPERTY OVERVIEW POINTS OF INTEREST MAP 1. City of Santa Clarita City Hall 2. Westfield Valencia Town Center 3. Los Angeles County Office 4. Six Flags Magic Mountain 5. Hyatt Regency Valencia 6. Henry Mayo Newhall Hospital 7. Regal Edwards Valencia & IMAX 8. The Cheesecake Factory 9. California Pizza Kitchen 10. BJ’s Restaurant & Brewhouse 11. Lazy Dog Restaurant & Bar 12. Salt Creek Grille Valencia 13. The Habit Burger Grill 14. Starbucks - Industrial Center 15. Chipotle Mexican Grill 16. Peet’s Coffee 17. Chick-fil-A 18. Jamba Juice 19. Rubio’s 20. Hook Burger 21. Whole Foods Market 22. Target 23. Walmart 24. The Home Depot 25. The UPS Store 26. LA Fitness 27. College of the Canyons 28. California Institute of the Arts 29. SCVEDC 30. The Oaks Club at Valencia 31. Valencia High School 32. Valencia Country Club 33. Paseo Club 34. US Post Office 35. Starbucks - Commerce Center 36. Jack in the Box 24903 AVENUE KEARNY, SANTA CLARITA, CALIFORNIA 91355 / 214,436 ± SF REGION & DEMOGRAPHICS 24903 AVENUE KEARNY SANTA CLARITA, CALIFORNIA 91355 214,436 ± SF 11 REGION & DEMOGRAPHICS DEMOGRAPHICS ▶ THE CITY OF SANTA CLARITA RANKS AS ONE OF THE SAFEST CITIES OF ITS SIZE IN THE NATION BY FBI DATA. ▶ LOCATED JUST NORTH OF THE SAN FERNANDO VALLEY, WHICH WOULD BE THE 7TH LARGEST CITY IN THE U.S. IF IT WERE A STAND-ALONE CITY. Located within Los Angeles County, 30 miles northwest of Downtown The majority of the population has some college education and is of Los Angeles and contiguous to the San Fernando Valley, the Santa working age. The SCV boasts one of the highest median incomes Clarita Valley (“SCV”) encompasses approximately 520 square per household in Los Angeles County at $106,834 (compared miles. The SCV is located adjacent to California’s main north-south to $71,024 in the San Fernando Valley and $66,931 transportation corridor, Interstate 5 (I-5), as well as California across Los Angeles County). The City of Santa Clarita Highways 126 (CA 126) and 14 (CA 14). The SCV includes the is consistently ranked one of the safest cities of its City of Santa Clarita, the 3rd largest city in Los Angeles County. size in the nation. Among its accolades, the City Also, included within the City of Santa Clarita are Canyon Country, was also voted one of the 25 healthiest cities Newhall and Saugus. In addition to communities within the City, in the U.S. and the best place to raise a the adjacent unincorporated communities of Castaic, Stevenson family on the West Coast. Ranch, Westridge, Sunset Pointe, Tesoro del Valle, Val Verde, and Agua Dulce are also part of the SCV. SCV residents enjoy the benefits of thriving civic centers, world- class recreational facilities, top-performing schools and colleges, and impressive dining and shopping amenities. From the nearly 10,000 acres of protected open space and 80 miles of hiking and biking trails to the Six Flags Magic Mountain theme park, the Santa Clarita Valley is home to some of Southern California’s best outdoor recreation spots. The SCV’s institutions of higher learning include College of the Canyons, Cal Arts, Masters College and a satellite of Cal State Northridge. SAFEST CITY / BEST PLACE TO START A FAMILY MOST BUSINESS-FRIENDLY CITY / HAPPIEST CITY / HEALTHIEST CITY 24903 AVENUE KEARNY, SANTA CLARITA, CALIFORNIA 91355 / 214,436 ± SF REGION & DEMOGRAPHICS DEMOGRAPHICS NEARLY 300,000 RESIDENTS. / POPULATION GROWTH FORECASTED TO AVERAGE 1.3% THROUGH 2024. 70% OF RESIDENTS HAVE SOME COLLEGE EDUCATION. / 35% HAVE A 4-YEAR DEGREE OR HIGHER. / THE MEDIAN HOUSEHOLD INCOME IS OVER $106,000, AMONG THE HIGHEST IN LOS ANGELES COUNTY. / MORE THAN 40% OF ALL HOUSEHOLDS EARN $125,000 OR GREATER. / 35,310 RESIDENTIAL UNITS ARE IN VARIOUS STAGES OF PLANNING. 13 REGION & DEMOGRAPHICS REGIONAL MAP 1. Van Nuys Airport 2. Hollywood Burbank Airport 3. Los Angeles International Airport 4. Universal Studios Hollywood 5. Downtown Los Angeles 6. Santa Clarita Valley 7. Ventura County 8. San Fernando Valley 9. Port of Long Beach 10. Port of Los Angeles 24903 AVENUE KEARNY, SANTA CLARITA, CALIFORNIA 91355 / 214,436 ± SF REGION & DEMOGRAPHICS DOING BUSINESS IN THE SCV The City of Santa Clarita enjoys easy access to LAX and Hollywood Burbank Located within the 30-Mile Zone (“TMZ”) Airports as well as the Ports of Los Angeles and Long Beach. Among the many and encompassing over 30 sound reasons that have stimulated such strong growth in the region is the fact that stages as well as several movie the City has been recognized as the “Most Business Friendly” community ranches, the SCV is quickly in Los Angeles County.