2006 W Avenue J | Lancaster, CA 93536
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- LoopNet Team
2006 W Avenue J
Lancaster, CA 93536
CVS Pharmacy · Retail Property For Sale
Investment Highlights
- Single Tenant Absolute NNN CVS Pharmacy, with a 44-year operating history at this location
- Corporate guaranteed lease with CVS Pharmacy (NYSE: CVS; S&P BBB)
- Co-Anchor to Antelope Valley Plaza; a 127,000 SF Shopping Center: Co-tenants include new Smart & Final Extra, dd’s Discounts, & AT&T Wireless
- 6 years remaining on initial term lease with one 10-year option
- Below Market Rent; Tremendous Upside Potential: CVS is paying 50% of current market rent compared to similar spaces in the region
- 100-Acre Medical Main Street Redevelopment Project Adjacent to the Subject Property
Property Facts
Property Type
Retail
Property Subtype
Building Size
25,500 SF
Building Class
C
Year Built
1979
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
1.66 AC
Zoning
LRC3DP - Limited Retail
Amenities
- Signage
Property Taxes
| Parcel Number | 3123-005-033 | Improvements Assessment | $505,193 |
| Land Assessment | $1,072,971 | Total Assessment | $1,578,164 |
Property Taxes
Parcel Number
3123-005-033
Land Assessment
$1,072,971
Improvements Assessment
$505,193
Total Assessment
$1,578,164
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