Valencia Town Center

Valencia Town Center 24300-24305 Town Center Dr & 24200-24204 Magic Mountain Pkwy
Valencia, CA

  • Office

    Property Type

  • 395,483 SF

    Square Feet

  • -

    Buildings

  • 5.51/1,000 SF

    Parking Ratio

  • Unpriced

    Asking Rate

  • NNN,Absolute Net,Full-Service Gross

    Lease Type

Description

Valencia Town Center is a four-building, 395,483-square-foot Class A office campus located in the heart of the affluent community of Valencia, California.

Valencia Town Center is regarded as the best-located office project in the Santa Clarita market, with seemingly endless walkable amenities, excellent highway access, and the only project in the market with structured parking. The property’s location also benefits from the on-going $900 million mixed-use mall redevelopment, which will add hundreds of thousands of square feet of net retail space and 2,200 residential units. The project is also positioned to greatly benefit from Five Point’s $12 billion, 21,500-unit master-planned Valencia community.

The property is currently 85% leased and anchored by Princess Cruise Lines, part of Carnival Cruise Lines (NYSE: CCL), occupying 75% of the Project. Princess Cruise Lines will downsize from its 300,000 square foot footprint to 150,000 square feet in March 2026.

There is currently 59,018 SF available for lease at the project, which is made up of 27,443 SF of retail and 31,575 SF of office.

Listing Summary

  • Property TypeOffice
  • Size395,483 SF
  • Occupancy85%
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Property Address

24300-24305 Town Center Dr & 24200-24204 Magic Mountain Pkwy
Valencia, CA 91355

Property Details

  • Property Type Office
  • Square Feet 395,483.00 SF
  • Occupancy 85%
  • Year Built 2000
  • Amenities
  • Parking Ratio 5.51/1,000 SF
  • Tenancy Multi
  • Lease TypeNNN
  • Acres 8.91 acres
  • Zoning CR
  • APN Various
  • Ownership Interest Leasehold Interest
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11 Spaces Available

Clear to

  • Asking Price $3
  • Rate Time Period PSF/Month

Description

Retail

  • Asking Price $2
  • Rate Time Period PSF/Month

Description

Office

  • Asking Price $2
  • Rate Time Period PSF/Month

Description

Office

  • Asking Price $3
  • Rate Time Period PSF/Month

Description

Retail

  • Asking Price $3
  • Rate Time Period PSF/Month

Description

Retail

  • Asking Price $3
  • Rate Time Period PSF/Month

Description

Retail

  • Asking Price $3
  • Rate Time Period PSF/Month

Description

Retail

  • Asking Price $2
  • Rate Time Period PSF/Month

Description

Office - Former Princess Cruises

  • Asking Price $2
  • Rate Time Period PSF/Month

Description

Office

  • Asking Price $2
  • Rate Time Period PSF/Month

Description

Office

  • Asking Price $2
  • Rate Time Period PSF/Month

Description

Office

Deal Team

Sean Fulp

Sean Fulp

Vice Chair

CA RE Lic. 01389064

Mark Schuessler

Mark Schuessler

Executive Vice President

CA RE Lic. 02033871

Blake Hammerstein

Blake Hammerstein

Associate Vice President

CA RE Lic. 02122555

Jordan Garcia

Jordan Garcia

Associate Vice President

CA RE Lic. 02090086