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44424-44428 10th St W
Lancaster, CA 93534
Medical Office Bldg. - Lancaster - 7.9% CAP* · Office Property For Sale
Property Facts
Property Type
Office
Property Subtype
Building Size
5,854 SF
Building Class
C
Year Built
1959
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,854 SF
Building FAR
0.26
Lot Size
0.52 AC
Zoning
17.12.040 - General Commercial Zone 17.12.040
Parking
40 Spaces (6.83 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
About 44424-44428 10TH ST W , LANCASTER, CA 93534
Medical Offices Building for Sale at a 7.99% CAP Rate (*with market rent for vacancy). Three long-term tenants on long-term leases. All great tenants. One unit vacant. Anchor tenant is Care 1st Health Plan / Promise Health Plan (Blue Shield of California). About 16± parking spaces in the front and about 24± parking spaces in the back. Assessor lists the two APNs at 22,500 SF but 2,000 SF or so are an easement for 10th Street - Buyer to verify. Partial utilities being reimbursed and included in income. Unit 1 - 3,150sf at $3,600/month with $850/month in Utility Reimbursement. Unit 2 - 850sf at $865/month. Unit 3 - 700sf at $690/month with $185/month in Utility Reimbursement. Unit 4 - 1,154sf - Vacant - Projected at $1,150.
Property Taxes
| Parcel Numbers | Improvements Assessment | $510,000 | |
| Land Assessment | $255,000 | Total Assessment | $765,000 |
Property Taxes
Parcel Numbers
Land Assessment
$255,000
Improvements Assessment
$510,000
Total Assessment
$765,000
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