41255 11th St W - Medical FOR SALE


Palmdale, CA 93551
$8,499,000 USD
661-816-1141
41255 11th St W, Palmdale, CA for Sale
$8,499,000 USD
Medical - FOR SALE
1/53
null | Request Cap Rate

41255 11th St W
Palmdale, CA 93551


HIGHLIGHTS

  • Only New Medical/Commercial Office Building In Antelope Valley available at this size
  • Modern Systems, EV Parking, Code-Compliant Design
  • Near Palmdale Regional Medical Center and Antelope Valley Hospital
  • Location Location Location!!
  • Plenty of Open Parking
  • Ideal For Imaging, Multispecialty Groups, Pediatrics, Surgical Centers, Law Firms, CPA, Professional office ETC...

OVERVIEW

BRAND-NEW ±24,600 SF PROFESSIONAL / Commercial & MEDICAL BUILDING OWNER FINANCING AVAILABLE 41255 11th Street West, Palmdale, CA 93551 ASKING PRICE: $8,499,000 A rare opportunity to acquire a brand-new, approximately 24,600-square-foot commercial/Medical building in West Palmdale. The property offers exceptional flexibility for medical use, professional offices, corporate headquarters, or multi-tenant occupancy. The offering includes two separate APNs totaling approximately 52,411 square feet of land, including a dedicated adjacent parcel currently used for parking. PROPERTY HIGHLIGHTS • Approximately 24,600 SF of building space • Approximately 52,411 SF of total land across two parcels • Brand-new construction • PDM4 zoning • Two separate APNs • Excellent medical and professional office potential • Flexible interior configuration • Potential for single-user headquarters or multi-tenant occupancy • Seller is also the developer and contractor • Seller financing available to qualified buyers • Custom interior buildout available directly through the seller/developer • Convenient West Palmdale location with access to medical, commercial, and professional services TWO-PARCEL OFFERING APN 3111-022-054 • Approximately 27,404 SF lot • Approximately 24,600 SF building • PDM4 zoning APN 3111-022-055 • Approximately 25,007 SF lot • PDM4 zoning • Commercial / vacant land - industrial • Currently used for parking EXCEPTIONAL OWNER-FINANCING OPPORTUNITY Qualified buyers may be able to avoid many of the challenges associated with conventional commercial financing, including potentially substantial lender fees and lengthy institutional underwriting. Option 1 - Amortizing Seller Financing • Purchase Price: $8,499,000 • Down Payment: $1,000,000 • Seller Carry: Approximately $7,499,000 • Interest Rate: 7.50% • Amortization: 25 years • Balance Due: 10 years Option 2 - Interest-Only Seller Financing The seller will also consider an interest-only structure at 7.50%, with a minimum five-year term, subject to seller approval and buyer qualification. All seller-financing terms are subject to negotiation, documentation, seller approval, and satisfactory qualification of the buyer/borrower. CUSTOM BUILDOUT AVAILABLE A unique advantage of this offering is that the seller is also the developer and contractor and can complete interior improvements for the purchaser. Standard Professional / Medical Buildout: Approximately $100/SF Surgery Center Buildout: Approximately $110/SF Buildout pricing is for tenant improvements only and does not include medical equipment, specialty equipment, Elevator, generators, or other owner/user-specific equipment. Final pricing and specifications are subject to plans, scope, and applicable approvals. IDEAL FOR This property offers tremendous flexibility for a wide variety of owner-users and investors, including: • Medical office building • Surgery center / ASC • Specialty medical group • Orthopedic or spine center • Imaging / diagnostic center • Outpatient medical facility • Dental or specialty healthcare center • Large law firm • CPA / accounting firm • Financial services headquarters • Corporate headquarters • Professional office campus • Multi-tenant medical offices • Multi-tenant professional offices The approximately 25,000-square-foot building provides an owner with the opportunity to occupy the entire property or create a configuration accommodating multiple independent office or medical suites, subject to applicable governmental approvals. UNIQUE SELLER-FINANCING STRUCTURE This transaction is being offered subject only to seller financing, with the purchaser required to qualify under the seller’s financing requirements. Unlike a conventional sale, the seller is not seeking to receive the entire purchase price in cash at closing and is prepared to carry a substantial portion of the purchase price under the terms outlined above. This provides a qualified buyer with a rare opportunity to acquire a brand-new ±25,000 SF commercial building without the need to obtain traditional acquisition financing or incur the substantial loan fees and costs typically associated with a transaction of this size. The opportunity becomes even more compelling when considering the cost and time required to duplicate a project of this scale today. Acquiring comparable land, completing architectural and engineering work, obtaining governmental and building approvals and permits, and constructing a new ±25,000 SF commercial building could represent a total investment exceeding the current asking price, in addition to the significant time required to take a new project from concept through completion. Here, the purchaser has the opportunity to acquire an already constructed, brand-new building and proceed directly toward customizing the interior for its intended use, subject to applicable approvals. Seller financing is a material component of this offering. Buyer/borrower must demonstrate satisfactory financial qualifications and is subject to seller approval. STRATEGIC WEST PALMDALE LOCATION The property is located within West Palmdale's established medical and commercial corridor and offers convenient access to the region's healthcare infrastructure, professional services, major commercial corridors, and surrounding communities. For a medical user, this is an opportunity to acquire new construction rather than adapt an older existing building, while having the developer available to complete a customized interior buildout. A RARE OWNER-USER OPPORTUNITY New construction, approximately 25,000 square feet of building space, two parcels, a dedicated parking area, custom buildout capability, and substantial seller financing combine to create an offering that is difficult to replicate. For a qualified purchaser seeking to establish a major medical, professional, or corporate presence in the Antelope Valley, 41255 11th Street West presents the opportunity to acquire the real estate, customize the interior, and potentially finance the acquisition directly through the seller. ASKING PRICE: $8,499,000 Seller financing available to qualified buyers. Property information, square footage, lot sizes, zoning, permitted uses, buildout costs, and financing terms should be independently verified by the buyer. Any medical, surgery center, or other specialized use is subject to governmental, licensing, zoning, and other applicable approvals.

FOR SALE DETAILS

PRICE

$8,499,000 USD

PRICE/SF

$345 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

STATUS

Under Construction

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Commercial/Medical 24,600 sqft New Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Veterinarian/Kennel, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

OFX

APN/PARCEL ID

3111-022-054,3111-022-055

ASK ABOUT THIS PROPERTY

Houmehr Mike PanoussiLiberty Business AdvisorsMore Info
661-816-1141

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Houmehr Mike PanoussiLiberty Business AdvisorsMore Info
661-816-1141

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