Share This Listing

Message

949 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Red Lobster 1041 W Avenue P 8,383 SF Retail Building Palmdale, CA 93551 $5,100,000 ($608.37/SF) 5.43% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
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)

NEARBY MAJOR RETAILERS

Starbucks
Applebee's
Red Robin
Surf City Squeeze
Hot Dog On A Stick
Claim Jumper Steakhouse & Bar
Yard House
Red Lobster
Olive Garden
Outback Steakhouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3005-038-039
Land Assessment
$2,147,081
Improvements Assessment
$2,634,527
Total Assessment
$4,781,608
  • Listing ID: 38396543

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 1041 W Avenue P, Palmdale, CA 93551

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}