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1040 W Rancho Vista Blvd
Palmdale, CA 93551
Jiffy Lube | 14 Years of Term | Strong Demos · Retail Property For Sale
Investment Highlights
- Dense Retail Corridor – Average daily traffic counts of 25,000 VPD (10th St W) & 26,000 VPD (Rancho Vista Blvd)
- Strategic Operating Location – Proximity to Antelope Valley Mall (1.4 million square feet)
- Long-Term Site History – Jiffy Lube has operated the space since 2000
- Strong Presence of National Tenants – Best Buy, Chick-fil-A, Hobby Lobby, Target, Trader Joe’s, Lowe’s, Home Depot, etc.
- Immediate Market Growth – LaTerra Development is constructing 344 new apartments adjacent to the Mall
- Inflationary Hedge – Lessor’s rent increases 6% every three (3) years
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,052 SF
Building Class
B
Year Built/Renovated
2000/2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.45 AC
Zoning
M11/2-B2, County
Parking
16 Spaces (7.84 Spaces per 1,000 SF Leased)
Frontage
138’ on W Rancho Vista
Amenities
- Bus Line
- Signalized Intersection
Property Taxes
| Parcel Number | 3003-003-063 | Improvements Assessment | $1,018,759 |
| Land Assessment | $1,528,139 | Total Assessment | $2,546,898 |
Property Taxes
Parcel Number
3003-003-063
Land Assessment
$1,528,139
Improvements Assessment
$1,018,759
Total Assessment
$2,546,898
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