44424-44428 10th St W
Lancaster, CA 93534
Office Property For Sale
Investment Highlights
- Long-Term Leases
- Ample Parking - 40± Spaces
- Anchor Tenant - Care1st / Promise Health Plan 1 (Blue Shield of CA)
- Easy to Manage Single Story Building
- Southwest of Downtown Lancaster
Property Facts
Amenities
- Bus Line
- Signage
About 44424-44428 10TH ST W , LANCASTER, CA 93534
Medical Offices Building for Sale at a 8.21% CAP Rate (with market rent for vacancy). Three long-term tenants. 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. Another Medical Offices Building half a mile away at 867 Lancaster Blvd. can be packaged with this one and delivered vacant.
Property Taxes
| Parcel Numbers | Improvements Assessment | $510,000 | |
| Land Assessment | $255,000 | Total Assessment | $765,000 |
Property Taxes
