Calabasas Place is a ±10,000 SF shopping center in Calabasas, California. Constructed in 1984 and renovated in 2010, the Property consists of a single-story retail building situated on a ±0.8-acre parcel. The center is currently 100% occupied by a well-diversified roster of tenants, with an in-place NOI of approximately $411,084. The site features unobstructed store signs, monument signage opportunities, easy ingress/egress, and a parking lot located in the front of the center, with ±23 striped spaces and one handicap space. Additionally, there are six striped spaces in the rear parking lot, which is owned by the City of Calabasas, for which this Property has a permit to use. This offering also includes undeveloped land located behind the center, providing the potential opportunity to develop a ±1,700 SF outparcel building and ±12 additional parking spaces. Calabasas Place is ideally positioned on the signalized intersection of Mulholland Highway and Old Topanga Canyon Road, providing excellent visibility. As of 2020, the Property’s demographics have ±55,288 individuals residing within a 3-mile radius, with an average household income of ±$150,271. In the same year, the total specified consumer spending within a 3-mile radius of the Property accounts for ±$794.2MM, and there are ±4,492 businesses and ±32,902 employees. Property tours are available by appointment ONLY. Please contact Patrick DiCesare at 310-871-5911 or firstname.lastname@example.org to schedule.
Location: 3840 Old Topanga Canyon Rd, Calabasas, CA 91302