40022 10th St W - Freestanding FOR SALE
Palmdale, CA 93551 |
40022 10th St W
Palmdale, CA 93551
HIGHLIGHTS
- Strong National Tenant / 932 locations in 47 States
- Potential for A New QSR Pad to Be Built/Upside Opportunity | Estimated $180,000/Year Ground Rent.
- Value Add Opportunity | Development Potential | Scheduled Rent Increases | Potential $310,000 Additional Annual Income
- Highly Attractive Rental Increases / Long Term Lease / Ease of Management
- Below Market Rent / Low Price per Square Foot / Below Replacement Cost for Newer Construction in LA County
- Favorable Existing Loan Assumption Available with Below Market Terms
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Hobby Lobby | 10-Yr. NNN | Assumable Loan
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Supermarket, Showroom
TOTAL BUILDING SIZE
55045
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
277
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
3005-049-027
