39256 10th St W - Storefront FOR SALE


Palmdale, CA 93551
$3,900,000 USD
949-391-5670
39256 10th St W, Palmdale, CA for Sale
$3,900,000 USD
Storefront - FOR SALE
1/5
null | 6.75% Cap Rate

39256 10th St W
Palmdale, CA 93551


HIGHLIGHTS

  • 100% Occupied, Established Credit Tenants
  • The Vitamin Shoppe Industries Inc. ? Ranked #1 in 15-Mile Radius and Top 11% in California (Placer.ai); Over 20 Years of Successful Operating History
  • National Vision Inc, dba America’s Best ? Ranked Top 4% in a 15-Mile Radius and Top 7% in California (Placer.ai)
  • The Joint Chiropractic ? The Nation’s Largest Provider of Chiropractic Care With Over 900+ Clinics Nationwide and Rapidly Expanding
  • The Property Is Positioned for Substantial Rent Increases Over the Next Two Years, Resulting in a Near-Term Uplift in Income and NOI
  • Palmdale Marketplace Draws in 6.5 Million Customers Annually and Has Seen Substantial Year-Over-Year Traffic Growth

OVERVIEW

100% Occupied Credit Tenants NNN Investment | Outparcel to Target, Lowe’s, Sprouts and Smart & Final Power Center | High-Traffic Signalized Intersection with 41,600 CPD | Current Cap Rate 6.75% and 2028 Cap Rate 7.45%

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$488 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pad to Target and Lowe's | Palmdale, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

61

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,399 SF

ZONING

SP

APN/PARCEL ID

3003-085-008

ASK ABOUT THIS PROPERTY

Ayda KachHanley Investment GroupMore Info
949-391-5670

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Ayda KachHanley Investment GroupMore Info
949-391-5670

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