Vallarta Supermarkets, located at 815 E Avenue K in Lancaster, is ideally located within Challenger Center at the signalized intersection of two main thoroughfares, Avenue K and Challenger Way. Avenue K serves as a key arterial road, connecting various parts of Lancaster. Notably, it intersects with State Route 14 (Antelope Valley Freeway), making it a vital link for commuters and travelers. The city has undertaken infrastructure improvements along Avenue K, including widening the road to three lanes in each direction, adding bike lanes, and enhancing intersections between 10th Street West and 20th Street West. Vallarta Supermarkets is the grocery anchor tenant of Challenger Center, a large retail area encompassing several shopping centers along Challenger Way, particularly near East Avenue J and East Avenue K. This area serves as a commercial hub for the local community, offering a variety of stores, services, and dining options. Tenants in the Center that are not a part of the offering are Walgreens, McDonalds, Starbucks, Weinerschnitzel, Supercuts, Upper Crust, Subway, Cricket Wireless, and La Michocana. The Challenger Center is currently managed by DML Property Management, who oversees CAM/NNN costs. • 42,668± SF total building area • 152,068± SF land area • Built 2008 • 239 surface parking spaces (5.7/1,000 SF) • Zoned LRCPD • APN 3140-036-037 • $574,550 annual net operating income • Remaining lease: 3 years + two 5-year options • Base rent 2023-2028: $47,880 per month (years 16-20) • 23,292 vehicles per day traffic count (2025)