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10th St West Industrial Portfolio 2 Properties Offered at $3,900,000 in Lancaster, CA
Investment Highlights
- Frontage on 10th St west with ADT 20,200.
- 2 Building portfolio 42662 is currently leased, 42704 is vacant for potential owner occupancy
- Strategic "mid-cities" location with convenient freeway access just minutes away
Executive Summary
2-building portfolio, APN 3128-009-109 & 3128-009-110.42662 and 42704 10th St West. 42704 is 16,000+/-sf with block construction featuring a spacious front showroom and office area served with HVAC along with some storge in the back along with an attached 8,000+/- sf warehouse building in the rear. All of this on a 31,713+/- sf lot that includes detached loading dock in the back! 42662 is a 9,982+/- sf building of block construction that offers a heated and cooled front showroom and office area and a large warehouse area featuring 5-12’X12’ g/l doors and a small paved and fenced storage yard in the back. This building is currently leased to Arctic Air, a local HVAC sales and service company. Both buildings offer great exposure along 10th St West, the major artery connecting the cities of Lancaster and Palmdale that offers an ADT of 20,200!
Property Facts
| Price | $3,900,000 | Number of Properties | 2 |
| Price / SF | $150.10 / SF | Individually For Sale | 0 |
| Cap Rate | 6.31% | Total Building Size | 25,982 SF |
| Sale Type | Investment | Total Land Area | 1.98 AC |
| Status | Active |
| Price | $3,900,000 |
| Price / SF | $150.10 / SF |
| Cap Rate | 6.31% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 25,982 SF |
| Total Land Area | 1.98 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 42704 10th St W, Lancaster, CA 93534 | Flex | 16,000 SF | 1981 | - |
| 42662 10th St, Lancaster, CA 93534 | Industrial | 9,982 SF | 2001 | - |
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10th St West Industrial Portfolio
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