3501 West Avenue H
Lancaster, CA 93536-8341 ·
431,250 SF · Industrial For Sale
MICHAELS DISTRIBUTION CENTER
|Price||N/A||Gross Rent Multiplier||12.16|
|Building Size||431,250 SF||Occupancy||0%|
|Property Type||Industrial||Building Class||C|
|Property Sub-type||Distribution Warehouse||Tenancy||Single|
|Property Use Type||Investment||Year Built||1998|
|Cap Rate||8.22%||Lot Size||37.18 AC|
|Listing ID: 105523||Date Created: 11/10/1999||Last Updated: 12/09/2002|
The property represents one of Michaels four primary distribution centers and serves approximately 150 stores in the Western United States.
Located in Lancaster, California, Michaels Stores Distribution Center has a strategic distribution location due to its easy access to the Antelope Valley Freeway and its centralized location between the Golden State (I-5) and Barstow (I-15) Freeways. Lancaster is located 60 miles northeast of Los Angeles.
- Low Market Vacancy
- Strong National Tenant
- Potential for Building Expansion
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