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Walmart Anchored Free Standing Building 40038 10th St W 5,838 SF 4-Star Retail Building Palmdale, CA 93551 $2,950,000 ($505.31/SF)

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INVESTMENT HIGHLIGHTS

  • Walmart Anchored Freestanding Building
  • Large Frontage Along 10th St W
  • QSR/Drive Thru Potential

EXECUTIVE SUMMARY

Prime retail property available in the heart of the Destination 8 Shopping Center retail node on 10th Street West in Palmdale, one of the Antelope Valley’s most traveled commercial corridors. The property consists of a highly visible freestanding retail building totaling approximately 5,838 square feet on a ±0.80-acre parcel, built in 2013.
Situated on a pad site within a high-traffic retail environment and proximate to major anchors including Walmart, Sam’s Club, Target, ALDI, and other national and regional tenants, this location captures significant customer flow from both local and regional draws. The property benefits from strong annual visitation and high exposure.
Key Highlights:
Freestanding retail building – flexible configuration for a single tenant or divisible space.
±5,838 SF of leasable area with monument signage opportunity on 10th Street West.
Positioned in a retail hub with over 8 million annual visitors and strong traffic counts on 10th Street West and nearby Aerospace Highway.
Immediate leasing opportunity with NNN lease structure available.
Strategic location with direct access to regional retail and commercial traffic.
Exceptional owner-user or investment repositioning value in a growing Antelope Valley market.
This offering is ideal for national tenants, regional operators, or investors seeking exposure to a dominant retail node with strong consumer demand and future upside through lease-up or repositioning.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,838 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2013
Price
$2,950,000
Price Per SF
$505.31
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.80 AC
Zoning
PDC4 - Commercial PDC4
Parking
21 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
211’ on 10th Street West

AMENITIES

  • Signage
  • Air Conditioning

NEARBY MAJOR RETAILERS

First City Credit Union
Black Bear Diner
Buffalo Wild Wings
El Torito
Applebee's
Red Robin
Surf City Squeeze
Hot Dog On A Stick
Claim Jumper Steakhouse & Bar
Yard House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3005-049-010
Land Assessment
$2,163,328
Improvements Assessment
$1,031,184
Total Assessment
$3,194,512
  • Listing ID: 38985076

  • Date on Market: 1/6/2026

  • Last Updated:

  • Address: 40038 10th St W, Palmdale, CA 93551

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