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Pad to Target and Lowe's | Palmdale, CA 39256 10th St W 8,000 SF 100% Leased Retail Building Palmdale, CA 93551 $3,900,000 ($487.50/SF) 6.75% Cap Rate
Investment Highlights
- 100% Occupied, Established Credit Tenants
- National Vision Inc, dba America’s Best Ranked Top 4% in a 15-Mile Radius and Top 7% in California (Placer.ai)
- The Property Is Positioned for Substantial Rent Increases Over the Next Two Years, Resulting in a Near-Term Uplift in Income and NOI
- The Vitamin Shoppe Industries Inc. Ranked #1 in 15-Mile Radius and Top 11% in California (Placer.ai); Over 20 Years of Successful Operating History
- The Joint Chiropractic The Nation’s Largest Provider of Chiropractic Care With Over 900+ Clinics Nationwide and Rapidly Expanding
- Palmdale Marketplace Draws in 6.5 Million Customers Annually and Has Seen Substantial Year-Over-Year Traffic Growth
Executive Summary
Property Facts
Amenities
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Signage
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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- Triple Net
- Feb 2027
America's Best Contacts & Eyeglasses began in 1978 as a discount eyewear and eye care business and later became part of National Vision in 2005. The company offers eye examinations, eyeglasses, and contact lenses through a nationwide network of retail locations and online ordering tools. America's Best combines optical services, prescription eyewear, and contact lens sales with support from in-store optometrists, opticians, and distribution systems, serving consumers seeking value-focused vision care across the United States.
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- Health Care and Social Assistance
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- -
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The Joint Chiropractic began in 1999 with a small clinic in Tucson, Arizona, after a doctor saw that many people wanted chiropractic care that was easier to schedule and simpler to pay for. The company grew into a nationwide network of chiropractic clinics built around walk-in visits, transparent pricing, and membership plans that do not require insurance. Its business focuses on routine chiropractic adjustments and preventative care, with services designed to support comfort, movement, and everyday wellness. The company also operates through a franchise model and continues to expand its presence across the United States through clinics in retail-style settings.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Retailer | - | - | Triple Net | Feb 2027 | |
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Health Care and Social Assistance | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 3003-085-008 | Improvements Assessment | $2,400,451 |
| Land Assessment | $829,863 | Total Assessment | $3,230,314 |
Property Taxes
