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Investment Highlights

  • Single Tenant M.G. Lease thru 2029, minimal Landlord responsibilities!
  • Fire sprinkled
  • Located in the Lancaster Business Park
  • 20' ceiling height

Executive Summary

Great single tenant industrial building located in the Lancaster Business Park leased to US Air Conditioning Distribution! This 14,221± SF building sits on a 1.1+/- acre corner lot with a front entrance from Ave K-10 and additional access from Market Place! The Lancaster Business Park is home to industry leaders like FedEx, Lance Camper, Morton Manufacturing, along with a variety of other light manufacturing, wholesaling, R&D, and personal and business service industries. This location offers discriminating users a professional and park-like setting, close to local amenities with convenient freeway access just minutes away via the Avenue L overpass.

Data Room Click Here to Access

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,500,000
Price Per SF $175.80
Sale Type Investment or Owner User
Cap Rate 5.64%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Service
  • FlexLight Distribution
Building Class B
Lot Size 0.98 AC
Rentable Building Area 14,221 SF
No. Stories 1
Year Built 1998
Tenancy Single
Parking Ratio 2.81/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 2
Zoning SP 90-01 - Lancaster Business Park Specific Plan

Amenities

  • 24 Hour Access
  • Cooler
  • Monument Signage
  • Air Conditioning
  • Breakroom

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - County
  • Sewer - County
  • Heating - Gas
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
3126-027-055
Land Assessment
$191,600 (2025)
Improvements Assessment
$938,891 (2025)
Total Assessment
$1,130,491 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 39869459

  • Date on Market: 3/23/2026

  • Last Updated:

  • Address: 235 E Avenue K10, Lancaster, CA 93535

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