2101 E Palmdale Blvd - Retail FOR SALE


Palmdale, CA 93550
$3,569,000 USD
949-468-2315
2101 E Palmdale Blvd, Palmdale, CA for Sale
$3,569,000 USD
Retail - FOR SALE
1/3
null | 5.25% Cap Rate

2101 E Palmdale Blvd
Palmdale, CA 93550


HIGHLIGHTS

  • CAP Rate: 5.25%
  • Major Thoroughfare of Palmdale
  • Low Rent per SF
  • Replaced Roof on 7/10/2020, 20 Years Warranty
  • 5 Miles Radius, Over 143,000 People and Over $100,000 Average Income
  • Over $100,000 Average Income Within 5 Mile Radius

OVERVIEW

NAI Capital, Mehran Foroughi is proud to present the Harbor Fright (HFT) in Palmdale, a single tenant passive investment. Harbor Fright Tools Started/ opened in 2016 with over 3 years left on their initial Lease and 4 (5) years option to exercise. Harbor Freight Tools, commonly referred to as Harbor Freight, is an American privately held tool and equipment retailer, headquartered in Calabasas, California. It operates a chain of retail stores, as well as an-commerce business. The company employs over 28,000 people in the United States, and has over 1,600 locations in 50 states. 2024 Revenue was 8.0 Billion Dollars. The Store is performing very well according to the Manager.

FOR SALE DETAILS

PRICE

$3,569,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harbor Freight Tools (HFT)

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

C3, Palmdale

APN/PARCEL ID

3018-013-008

ASK ABOUT THIS PROPERTY

Mehran ForoughiNAI CapitalMore Info
949-468-2315

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Mehran ForoughiNAI CapitalMore Info
949-468-2315

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.