450-460 W Palmdale Blvd - Office FOR SALE


Palmdale, CA 93551
$3,950,000 USD
818-337-9066
450-460 W Palmdale Blvd, Palmdale, CA for Sale
$3,950,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

450-460 W Palmdale Blvd
Palmdale, CA 93551


HIGHLIGHTS

  • Ground Lease through 2061
  • Very low price per square foot
  • Close to Palmdale Regional Medical Center
  • 59% Vacant - qualifies for SBA Financing
  • Perfect location for a medical clinic

OVERVIEW

Priced at only $156 per square foot, buildings 450 and 460 at Challenger Business Park are subject to a ground lease through 2061. Building 460 is 13,200 square feet and is available for an owner-user. Building 450 brings in about $280,000 in base rent and CAMs.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

118

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

NC

APN/PARCEL ID

3004-002-031

ASK ABOUT THIS PROPERTY

Josh MarkowitzMarkowitz Commercial Real EstateMore Info
818-337-9066

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Josh MarkowitzMarkowitz Commercial Real EstateMore Info
818-337-9066

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