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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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