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3121 E Avenue I 10,409 SF 100% Leased Retail Building Lancaster, CA 93535 $1,050,000 ($100.87/SF) 6.41% Cap Rate
Executive Summary
Introducing a prime opportunity for Industrial / Office Building
investors: a meticulously renovated 4,500 SF property at 3121 E
Avenue I. , This versatile property offers an ideal investment in the
bustling Industrial area of Lancaster. The property has two national
Tenants, Verizon Wireless (Cellular Antenna) and American Medical
Response. The third tenant is an independent Modular home builder.
The AMR response building, built in 1957 and recently renovated in
2025, the property exudes contemporary appeal while retaining its
original charm. Zoned CPD, it meets diverse business needs within a
dynamic commercial environment. Currently boasting 100%
occupancy, this property presents a turnkey investment opportunity
with strong leasing potential and a solid track record for prospective
investors seeking a robust addition to their portfolio.
investors: a meticulously renovated 4,500 SF property at 3121 E
Avenue I. , This versatile property offers an ideal investment in the
bustling Industrial area of Lancaster. The property has two national
Tenants, Verizon Wireless (Cellular Antenna) and American Medical
Response. The third tenant is an independent Modular home builder.
The AMR response building, built in 1957 and recently renovated in
2025, the property exudes contemporary appeal while retaining its
original charm. Zoned CPD, it meets diverse business needs within a
dynamic commercial environment. Currently boasting 100%
occupancy, this property presents a turnkey investment opportunity
with strong leasing potential and a solid track record for prospective
investors seeking a robust addition to their portfolio.
Data Room Click Here to Access
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$67,317
|
$6.47
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $67,317 |
| Annual Per SF | $6.47 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,409 SF
Building Class
C
Year Built
1957
Price
$1,050,000
Price Per SF
$100.87
Cap Rate
6.41%
NOI
$67,317
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
2.48 AC
Zoning
LRCPD - Commercial industrial
Parking
24 Spaces (1.44 Spaces per 1,000 SF Leased)
Frontage
266’ on E Ave I
Amenities
- Bus Line
Property Taxes
| Parcel Number | 3154-010-006 | Improvements Assessment | $177,055 |
| Land Assessment | $23,995 | Total Assessment | $201,050 |
Property Taxes
Parcel Number
3154-010-006
Land Assessment
$23,995
Improvements Assessment
$177,055
Total Assessment
$201,050
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3121 E Avenue I
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