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38745 Tierra Subida Ave
Palmdale, CA 93551
Retail Property For Sale
Investment Highlights
- 100% Leased
- Across street from state-of-the-art Palmdale Regional Medical Center
- Anchored by Albertsons (NAP)
- West Palmdale location near all major retail and business developments
Executive Summary
Located across street from the state-of-the-art Palmdale Regional Medical Center. Ideally located within Palmdale’s prime retail and business district including the Antelope
Valley Mall, 2 million square feet of additional retail, Auto Mall, hotels, restaurants and a proposed Palmdale conference center.
Valley Mall, 2 million square feet of additional retail, Auto Mall, hotels, restaurants and a proposed Palmdale conference center.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
6,912 SF
Building Class
B
Year Built
1996
Price
$7,640,000
Price Per SF
$1,105.32
Cap Rate
6.50%
NOI
$496,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.49 AC
Zoning
PDCPD
Property Taxes
| Parcel Number | 3004-033-012 | Improvements Assessment | $1,222,065 |
| Land Assessment | $658,118 | Total Assessment | $1,880,183 |
Property Taxes
Parcel Number
3004-033-012
Land Assessment
$658,118
Improvements Assessment
$1,222,065
Total Assessment
$1,880,183
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