This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Government Leased Office For Sale 42225 W 10th St

23,056 SF 100% Leased Office Building Lancaster, CA 93534 £5,522,211 (£240/SF) 5.50% Net Initial Yield

Investment Highlights

  • Government Leased Office Building
  • Professionally Managed
  • Public Transport Same Side of Street
  • Long Term Credit Tenants
  • Signalized Intersection

Executive Summary

Commercial Brokers Group is pleased to present this incredible opportunity to acquire a Government Leased office building in north Los Angeles County. The anchor tenant is Social Security Administration (SSA) occupying 66% of the building. SSA is a long term sticky tenant serving the entire greater Antelope Valley from this location since 2017.
Inquire for full Lease & Financial Detail

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
23,056 SF
Building Class
C
Year Built
2004
Price
£5,522,211
Price Per SF
£240
Net Initial Yield
5.50%
NOI
£303,830
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
23,056 SF
Building FAR
0.27
Land Acres
1.95 AC
Zoning
C - Commercial
Parking
111 Spaces (4.81 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Public Administration
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Social Security provides financial protection for the nation’s people, supporting Americans throughout all of life’s journeys. They administer retirement, disability, survivor, and family benefits, and enroll individuals in Medicare. They also provide Social Security Numbers, which are unique identifiers needed to work, handle financial transactions, and determine eligibility for certain government services. Social Security provides retirement income for almost every American worker. They also administer Supplemental Security Income (SSI) to some individuals over a certain age who have limited income and resources. With retirement, disability, and survivors benefits, Social Security is one of the most successful anti-poverty programs in the nation's history. Social Security is committed to helping maintain the basic well-being and protection of the people they serve. They pay benefits to millions of people including retirees, children, widows, and widowers.

  • Finance and Insurance
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

As your Financial Advisors, they will spend the time to understand your financial concerns and work with you to develop a customized investment program that we believe can best meet your needs. As their relationship builds over time, they will endeavor to anticipate your changing circumstances and help advise you on appropriate investment strategies. They look forward to serving your long-term investment needs.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Public Administration - $9.99 Lorem Ipsum Jan 0000
Finance and Insurance - - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3109-024-053
Land Assessment
£2,664,796
Improvements Assessment
£2,537,901
Total Assessment
£5,202,697
  • Listing ID: 33233907

  • Date on Market: 19/09/2024

  • Last Updated:

  • Address: 42225 W 10th St, Lancaster, CA 93534

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}