This Industrial Property is Off-Market.

3501 West Avenue H
Lancaster, CA 93536-8341 ·

431,250 SF · Industrial For Sale

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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

Description

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.

Highlights

  • Low Market Vacancy
  • Strong National Tenant
  • Potential for Building Expansion

Research

3501 West Avenue H, Lancaster, CA 93536-8341

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