814 Palmdale Blvd - Storefront FOR SALE


Palmdale, CA 93550
$995,000 USD
661-600-1269
814 Palmdale Blvd, Palmdale, CA for Sale
$995,000 USD
Storefront - FOR SALE
1/11
null | 6.45% Cap Rate

814 Palmdale Blvd
Palmdale, CA 93550


HIGHLIGHTS

  • 100% Occupied Investment Opportunity
  • Below Market Rents Offer Upside Potential

OVERVIEW

Commercial Brokers Group is pleased to present this incredible investment opportunity featuring a 100% occupied multi-tenant retail/office building in Palmdale! The site features fantastic visibility along heavily traveled Palmdale Blvd. and is located immediately next to Palmdale City Hall. Just minutes from the 14 freeway, the site boasts easy access from multiple directions of travel, legal parallel street parking along the Boulevard, rear parking lot and overflow public parking is available adjacent to the site at City Hall. The building is demised to six suites all currently occupied by a variety of retail and office users. Several are month to month with below market rents providing incredible upside opportunity to raise to market rents and increase NOI.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

6.45%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,515 SF

ZONING

Transit Area SP

APN/PARCEL ID

3009-015-005

ASK ABOUT THIS PROPERTY

Seffi TonemanCommercial Brokers GroupMore Info
661-600-1269

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Seffi TonemanCommercial Brokers GroupMore Info
661-600-1269

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