Valencia Town Center

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

  • Office

    Property Type

  • 59,018

    Square Feet

  • 4

    Buildings

  • 5.51/1,000 SF

    Parking Ratio

  • $2.35-2.70

    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.

Details

  • Property TypeOffice
  • Listing StatusOn Market
  • Square Feet395,483
  • Occupancy85%
  • Year Built2000
  • Building(s)4
  • Parking Ratio5.51/1,000 SF
  • Acres8.91
  • ZoningCR
  • APNVarious
  • TenancyMultiple
  • Lease TypeNNN, Absolute Net, Full-Service Gross

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.

Details

  • Property TypeOffice
  • Listing StatusOn Market
  • Square Feet395,483
  • Occupancy85%
  • Year Built2000
  • Building(s)4
  • Parking Ratio5.51/1,000 SF
  • Acres8.91
  • ZoningCR
  • APNVarious
  • TenancyMultiple
  • Lease TypeNNN, Absolute Net, Full-Service Gross

11 Spaces Available

Clear to

  • Asking Price $3
  • Rate Time Period PSF/Month
  • Lease Type NNN
  • Listing Type Direct

Comment

Retail

  • Asking Price $2
  • Rate Time Period PSF/Month
  • Lease Type NNN
  • Listing Type Direct

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Office

  • Asking Price $2
  • Rate Time Period PSF/Month
  • Lease Type NNN
  • Listing Type Direct

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Office

  • Asking Price $3
  • Rate Time Period PSF/Month
  • Lease Type NNN
  • Listing Type Direct

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Retail

  • Asking Price $3
  • Rate Time Period PSF/Month
  • Lease Type NNN
  • Listing Type Direct

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Retail

  • Asking Price $3
  • Rate Time Period PSF/Month
  • Lease Type NNN
  • Listing Type Direct

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Retail

  • Asking Price $3
  • Rate Time Period PSF/Month
  • Lease Type NNN
  • Listing Type Direct

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Retail

  • Asking Price $2
  • Rate Time Period PSF/Month
  • Lease Type NNN
  • Listing Type Direct

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Office - Former Princess Cruises

  • Asking Price $2
  • Rate Time Period PSF/Month
  • Lease Type NNN
  • Listing Type Direct

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Office

  • Asking Price $2
  • Rate Time Period PSF/Month
  • Lease Type NNN
  • Listing Type Direct

Comment

Office

  • Asking Price $2
  • Rate Time Period PSF/Month
  • Lease Type NNN
  • Listing Type Direct

Comment

Office