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450-460 W Palmdale Blvd

24,500 SF 96% Leased Retail Building Palmdale, CA 93551 £7,258,800 (£296/SF) 5.22% Net Initial Yield

Investment Highlights

  • Close proximately to Palmdale Region Hospital
  • high traffic counts
  • Freeway access

Executive Summary

Strategic Position: Located in the bustling heart of Palmdale, 450 and 460 W. Palmdale Blvd offers easy access to major highways, public transportation, and key business and hospital districts.
High Visibility: Benefit from a prime location with high foot traffic and excellent visibility.
subject to Lease Hold land

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
24,500 SF
Building Class
B
Year Built
2009
Price
£7,258,800
Price Per SF
£296
Net Initial Yield
5.22%
NOI
£378,997
Percent Leased
96%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.26
Land Acres
2.20 AC
Zoning
PDCPD - Palmdale Commercial
Parking
34 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
132 ft on Palmdale Blvd

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • A
  • 1,000 SF
  • Retail
  • End Cap
  • Now

Light and Bright retail/office space. Hard Surface flooring

Space Size Space Use Position Available
A 1,000 SF Retail End Cap Now

A

Size
1,000 SF
Space Use
Retail
Position
End Cap
Available
Now

A

Size 1,000 SF
Space Use Retail
Position End Cap
Available Now

Light and Bright retail/office space. Hard Surface flooring

Nearby Major Retailers

WW
Starbucks
Burgerim
Albertsons
Sizzler
Jenny Craig
Smart & Final
Sprouts Farmers Market
IHOP
Vallarta Supermarkets

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3004-002-031
Land Assessment
£1,666,575
Improvements Assessment
£2,719,633
Total Assessment
£4,386,208
  • Listing ID: 32086475

  • Date on Market: 10/06/2024

  • Last Updated:

  • Address: 450-460 W Palmdale Blvd, Palmdale, CA 93551

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