1061 W Rancho Vista Blvd - Restaurant FOR SALE
Palmdale, CA 93551 |
$4,800,000 USD
844-585-7674
1061 W Rancho Vista Blvd
Palmdale, CA 93551
HIGHLIGHTS
- Single-Tenant Outback Steakhouse Absolute NNN Ground Lease
- Outback Steakhouse (NASDAQ: BLMN) Is One of the Largest Casual-Dining Companies in the World With 675 U.S. Locations and 1,000 Restaurants
- 30-Year Successful Operating History at This Location (Since 1996)
- Executed a New 10-Year Lease in 2026, Demonstrating a Long-Term Commitment to the Location
- 10% Rent Increases Every 5 Years
- Absolute NNN Ground Lease
FOR SALE DETAILS
PRICE
$4,800,000 USD
PRICE/SF
$792 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Outback Steakhouse | Palmdale, CA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
70
LAND DETAILS
LAND ACRES
1.08 AC
LAND SF
47,045 SF
ZONING
PDRA
APN/PARCEL ID
3005-038-059
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844-585-7674
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844-585-7674
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