Historical Industrial Sale Listing - MICHAELS DISTRIBUTION CENTER

Industrial For Sale

This Industrial property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Industrial For Sale, Lancaster, CA or California

MICHAELS DISTRIBUTION CENTER

3501 West Avenue H, Lancaster, CA 93536-8341

N/A

431,250 SF | Industrial

  • Print

Industrial Property - Off Market

Price:
N/A
Building Size:
431,250 SF
Property Type:
Industrial
Property Sub-type:
Distribution Warehouse
Property Use Type:
Investment
Cap Rate:
8.22%
Gross Rent Multiplier:
12.16
Occupancy:
0%
Building Class:
C
Tenancy:
Single
Year Built:
1998
Lot Size:
37.18 AC
Listing ID
105523
Last Updated
over 1 year ago

Highlights

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

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.

Map of 3501 West Avenue H, Lancaster, CA 93536-8341 (Los Angeles County)

Research for 3501 West Avenue H, Lancaster, CA 93536-8341

  • Demographics – Population, income & other demographics near 3501 West Avenue H
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building