Spirit Properties Sells Retail Asset Leased To Sky Zone In Santa Clarita For $8.8M
26583 Carl Boyer Drive
$8,800,000
$287/SF
Building Size
30,624 SF
Asset Type
Retail
Closing
Oct 14, 2025
AI
A single-tenant retail property located at 26583 Carl Boyer Drive in Santa Clarita has been sold for $8,800,000. The property spans 30,624 square feet and is leased to Sky Zone Trampoline Park within the Centre Pointe Marketplace, establishing its role in the local retail market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,800,000
- Square Footage: 30,624
- Price per Square Foot: $287
- Market: Santa Clarita
- Seller: Spirit Properties
- Brokers: Sean Cox & Kevin Fryman - Hanley Investment Group
The transaction was facilitated by Hanley Investment Group Real Estate Advisors, with Sean Cox and Kevin Fryman representing both the seller, Spirit Properties Ltd., and the buyer in this deal, highlighting the involvement of experienced professionals in the retail property market.
Players
Santa Clarita Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.80%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93