Sierra Highway Plaza 4 Properties Offered at £10,176,030 in Palmdale, CA
INVESTMENT HIGHLIGHTS
- Stably Leased 8% Cap Multi-Tenant Industrial Center
- Ample Parking and Large Building Signage
- Great Mix of Industrial & Professional Office Units
- Close Proximity to Palmdale Regional Airport
EXECUTIVE SUMMARY
Stratton Commercial Real Estate is excited to present the Sierra Highway Plaza at 190 Sierra Ct in Palmdale, CA. This expansive 89,880 sq.ft. multi-tenant industrial complex, set on 10.16 acres of Aerospace Industrial zoned land, comprises three buildings constructed in 1987. With a historically stable occupancy rate and consistently over 90% leased for the last 5 years, this property presents a compelling investment opportunity. The industrial units feature convenient drive-thru truck doors, while all buildings are fully air-conditioned, insulated, and individually metered. The beautifully landscaped grounds further enhance the appeal of this meticulously maintained complex. For more information on this exceptional investment property, contact David Stratton today.
PROPERTY FACTS
| Price | £10,176,030 |
| Price / SF | £115.64 / SF |
| Net Initial Yield | 8.05% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 88,000 SF |
| Total Land Area | 14.96 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Sierra Highway Plaza - Bldg A
190 Sierra Ct, Palmdale, CA 93550 |
Flex | 23,800 SF | 1988 | - |
| 190 Sierra Ct, Palmdale, CA 93550 | Land | 4.23 AC | - | - |
|
Sierra Highway Plaza - Bldg C
190 Sierra Ct, Palmdale, CA 93550 |
Flex | 32,100 SF | 1987 | - |
|
Sierra Highway Plaza - Bldg B
190 Sierra Ct, Palmdale, CA 93550 |
Flex | 32,100 SF | 1988 | - |
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