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Red Lobster 1041 W Avenue P 8,383 SF Retail Building Palmdale, CA 93551 $5,100,000 ($608.37/SF) 5.43% Cap Rate
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,383 SF
Building Class
B
Year Built
1992
Price
$5,100,000
Price Per SF
$608.37
Cap Rate
5.43%
NOI
$277,108
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.12 AC
Zoning
PDRA
Parking
57 Spaces (6.8 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- Jul 2039
Before there was Red Lobster, there was Bill Darden, a man passionate about making delicious, high-quality seafood available and affordable to everyone, including people who lived far from the coast and regardless of race, gender, religion or economic means. What was once a single, family-owned restaurant in Lakeland, Florida, now has locations around the world.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | Jul 2039 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3005-038-039 | Improvements Assessment | $2,634,527 |
| Land Assessment | $2,147,081 | Total Assessment | $4,781,608 |
PROPERTY TAXES
Parcel Number
3005-038-039
Land Assessment
$2,147,081
Improvements Assessment
$2,634,527
Total Assessment
$4,781,608
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Red Lobster | 1041 W Avenue P
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