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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 mission is to deliver the best value in quality eyecare and eyewear at the low prices America deserves...every day. All areas of their company focus on delivering this promise to their customers. From store operations and training to their labs and distribution systems, they're working to ensure that no one who shops at America’s Best overpays. They combine both parts of the optical equation—eyewear and eye care—into one great experience at one low price. Headquartered in metro Atlanta, America’s Best continues to grow through a dedication to developing value, loyal customers, happy associates, proven professionals, and innovation for the future.
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- Health Care and Social Assistance
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- -
- -
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The Joint Chiropractic is a chiropractic care provider focused on delivering routine spinal adjustments through a walk-in, retail healthcare model. The company was founded in 1999 by a doctor of chiropractic with the objective of making chiropractic care more accessible by removing traditional barriers such as insurance billing and appointment requirements. In 2010, the business was restructured and expanded under a franchise-based growth strategy that supported national development. The Joint Chiropractic operates a standardized clinic format located primarily in neighborhood retail centers and high-traffic commercial corridors. Services are centered on manual chiropractic adjustments delivered by licensed chiropractors, with pricing structured around single visits and membership-based wellness plans. The company has received recognition from franchise industry publications for its growth and category leadership and has been included in national franchise rankings. The Joint Chiropractic is publicly traded and operates under its parent company, The Joint Corp., which is listed on the NASDAQ under the ticker symbol JYNT. Corporate headquarters are located in Scottsdale, Arizona, and the Scottsdale Perimeter Drive location functions as part of the company’s corporate and clinic operations.
| 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
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Pad to Target and Lowe's | Palmdale, CA | 39256 10th St W
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