FOR SALE Industrial Yard + Income Property | Owner-User Opportunity 307 W Avenue I, Lancaster, CA 93534 APNs: 3137-015-023 & 3137-015-024 Executive Summary Liberty Business Advisors is proud to present a rare multi-tenant industrial yard investment in the rapidly growing Lancaster / Antelope Valley industrial corridor. This property offers a unique combination of in-place income, strong upside potential, and owner-user flexibility, making it ideal for contractors, automotive users, fleet operators, or light industrial businesses seeking yard space — one of the tightest asset classes in the region. The property consists of ±47,998 SF (1.10 Acres) of Commercial / Light Industrial land improved with three buildings totaling approx. 6,000+ SF (Title reflects 3,552 SF — Buyer to verify). The site is currently occupied by three service-based tenants, including two month-to-month leases, allowing immediate repositioning or expansion by a new owner. Industrial outdoor storage and contractor yard properties in Lancaster are extremely limited and rarely available, creating a compelling acquisition opportunity. Pricing & Investment Summary Asking Price: $1,249,000 Current NOI $78,600 / year Pro-Forma NOI ~$105,000 / year Current Cap Rate 6.29% Stabilized Cap Rate ~8.4% Price Per Land SF ~$26/SF Property Overview Lot Size: ±47,998 SF (±1.10 Acres) Buildings: 3 structures totaling approx. 6,000+ SF (Buyer to verify) Zoning: Commercial / Light Industrial (Buyer to verify) Parking/Yard: Large open yard with multiple access points Access: Close proximity to Sierra Hwy, Avenue J & Highway 14 Tenant Roster Tenant Use Rent Lease Smog & Electrical / Diagnostics Automotive Service $2,600/mo Month-to-Month Auto Body Prep / Insurance Work Automotive $2,800/mo 2-Year Lease Flooring Contractor Contractor / Storage $1,150/mo Month-to-Month Total Monthly Rent: $6,550 Annual Income: $78,600 Investment Highlights ? 1.10-acre industrial yard property ? Multi-tenant income in place ? Two month-to-month tenants = immediate flexibility ? Strong 6.29% in-place cap rate ? Upside to ~8.4% stabilized cap ? Priced below replacement cost ? Rare contractor yard + buildings combination ? High demand industrial submarket Owner-User Opportunity This property is perfectly suited for an owner-user seeking yard space while maintaining income. Possible strategy: • Occupy majority of site immediately • Keep existing tenants for supplemental income • Eventually utilize entire property (excluding 2-year lease tenant) • Expand outdoor storage, fleet yard, or contractor operations Properties offering yard + buildings + income are extremely difficult to find in this market. Value-Add Upside Current rents are below market for industrial yard properties. Typical Antelope Valley rents: Property Type Market Rent Small Industrial Buildings $1.40 – $1.80/SF Contractor Yard Space $0.25 – $0.50/SF land Projected Stabilized Income: ~$105,000 annually Lancaster Industrial Market Overview Lancaster continues to experience strong growth driven by: • Aerospace & defense expansion • Logistics and warehousing growth • Population migration from Los Angeles Basin • Limited supply of industrial land • Strong contractor and automotive demand Nearby economic drivers include: • Edwards Air Force Base • Lockheed Martin & Northrop Grumman • Palmdale Regional Airport • Highway 14 logistics corridor Industrial yard properties remain one of the most undersupplied asset classes in the Antelope Valley. Ideal Uses Perfect for: • Contractor yard • Automotive repair / fleet service • Construction companies • HVAC / plumbing / electrical contractors • Equipment rental & storage • Light manufacturing • Owner-user industrial business Comparable Market Snapshot Metric Market Range Land Value $22 – $32 per SF Industrial Cap Rates 6.75% – 7.75% This property is priced strategically for both investors and owner-users, aligning with current market trends while offering significant upside potential. Offering Notes • Square footage and zoning to be verified by Buyer • Drive-by only — do not disturb tenants Contact Liberty Business Advisors Houmehr “Mike” Panoussi – Business & Commercial Broker DRE #01853627 ?? 661-816-1141 ?? panoussi.Lba@gmail.com