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Valencia Town Center

Valencia Town Center

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

Valencia, CA 91355

Office
Property Type
395,483 SF
Square Feet
5.51/1,000 SF
Parking Ratio
Unpriced
Asking Price
CA
State

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.

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

Asking PriceNegotiable
Total Availability57,382 SF
Min Divisible200
Max Divisible3,000
Property TypeOffice
Size395,483 SF
Available5,454 SF
Occupancy85%
Built2000
Total Acres~8.91 ac

Documents

Property Address

Property Details

Property TypeOffice
Square Feet395,483 SF
Available Space (SF)5,454 SF
Occupancy85%
Year Built2000
Parking Ratio5.51/1,000 SF
TenancyMulti
Lease TypeNNN, Absolute Net, Full-Service Gross
Acres8.91 acres
ZoningCR
APNVARIOUS
Ownership InterestLeasehold Interest

11 Available

to
Suite VTC I - 1108,565 Negotiable SF
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Suite VTC I - 201609 Negotiable SF
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Suite VTC IV - 1002,455 Negotiable SF
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Suite VTC I - 2501,389 Negotiable SF
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Suite VTC II - 1201,718 Negotiable SF
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Suite VTC II - 1407,422 Negotiable SF
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Suite VTC III - 1206,428 Negotiable SF
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Suite VTC III - 1901,674 Negotiable SF
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Suite VTC III - 40021,200 Negotiable SF
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Suite VTC IV - 1204,169 Negotiable SF
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Suite VTC IV - 1351,753 Negotiable SF
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Deal Team

Preeti Kadam

Preeti Kadam

FL RE Lic. #REG NO.7788996666
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