Bought with General NONMEMBER • NONMEMBER MRML
$2,600,000
$2,670,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
27875 Smyth Drive Valencia (santa Clarita), CA 91355
5,900 SqFt
Key Details
Sold Price $2,600,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 5,900 sqft
Price per Sqft $440
MLS Listing ID CRNS25169481
Year Built 2005
Lot Size 4.413 Acres
Property Sub-Type Office
Property Description
27875 Smyth Drive is a ±5,900 SF fully-leased medical office building in the core of Valencia's medical corridor, featuring walk-up garden access, strong regional tenants, and institutional-level stability. Located across from Valencia High School and surrounded by residential expansion, the property benefits from long-term healthcare demand and increasing patient traffic in one of northern Los Angeles County's most active growth zones. The asset is 100% leased to three established healthcare users: LabCorp, urgent care, and podiatry. All tenants operate under NNN and CAM-reimbursed leases. The building's garden-style design allows for direct walk-up access to each suite with no elevators required. Its parking ratio supports patient convenience and high daily volume, while its single-story format reduces maintenance complexity and operational friction. Positioned within minutes of Henry Mayo Newhall Hospital and major arterials serving Santa Clarita, this asset combines professional tenancy with favorable physical fundamentals. Operating income is stable, and the building has been professionally managed with no deferred maintenance. Regional demographics support ongoing medical demand, with continued new housing development reinforcing long-term user and investor viability. This
Location
State CA
County Los Angeles
Building
Water Public
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