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1645 - 1647 E Palmdale Boulevard - Palmdale Shopping Center, Palmdale, CA

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1645 - 1647 E Palmdale Boulevard - Palmdale Shopping Center

Palmdale, CA 93550-4876 - Antelope Valley Submarket


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1984
Building Size:28,545 SF Land Area:2.9 AC (126,193 SF)
% Leased:
For Sale Price:$3,470,000 Price/SF:$121.56
Cap Rate:7.50 %
Smallest Space:1,350 SF Largest Space:1,440 SF Total Space Avail:2,790 SF Rent/SF/Yr:
$12.00 - $18.00
Parking:Free Surface spaces are available; Ratio of 7.76/1,000 SF
Features:Bus Line, Dedicated Turn Lane, Signalized Intersection


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,350 SF
$18.00/SF/Yr
Vacant
3-5 yrs
Retail
 1st
1,440 SF
$12.00/SF/Yr
Vacant
3-5 yrs
Retail
 
9513482
9513483
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,350 SF
$18.00/SF/Yr
Vacant
3-5 yrs
Retail
1st
1,440 SF
$12.00/SF/Yr
Vacant
3-5 yrs
Retail
This property is located on a signalized corner and there is more than ample parking. It is anchored by Papa John's Pizza, All State Insurance, Check Cashing.

Sale Notes:
KW Commercial is proud to offer Palmdale Center for sale - Over 28,000 sq ft of retail shopping on a signalized corner in Palmdale, CA. Built in 1984, the building is maintained to a high standard from both, the cosmetic and integral standpoints. Located on the major retail thoroughfare, Palmdale Center attracts successful service and light medical tenants. The synergy of tenants makes the center a go-to destination for local shoppers and business tenants seeking high traffic and good visibility.

From the management position, the center has only two lease expirations due in 2017, one of which is a vested Wash and Dry Laundromat successfully operating at the location for years.

Palmdale center is being offered at an attractive 7.4% cap rate making it a suitable upleg for any exchange or new investor.

KW Commercial
Zorik Dadoyan
(818) 335-3637


The Morgiewicz Company
Rosanne Morgiewicz
(310) 454-4407



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