40125 10th St W
Palmdale, CA 93551
10th Street West Shopping Plaza · Retail Property For Sale

The property consists of a single story retail center consisting of approx. 56,101 SF at the signalized south-west corner of 10th Street West and Avenue O-4. The center features two restaurant pad buildings along with two retail strips and enjoys excellent frontage of over 1,000 ft. on 10th Street West. The tremendous frontage offers tenants in the center the maximum amount of window and signage display area versus depth. Signage is further enhanced by three monument signs which advertise the tenant's names. The property benefits from excellent credit long term tenants such Goodwill, Buffalo Wild Wings, and the US Army, as well as regional chain tenants. This property offers an investor the opportunity to acquire a stabilized high quality retail center with minimal deferred maintenance due to the recent construction. The proximity of all the major retailers to this center attests to the viability of this retail location and provides additional major draw to this location. The area is a dominant retail hub with Antelope Valley Mall (the only regional mall in the region) anchored by Macy' s, Dillards, Dick' s, Cinemark 16 and JCPenney in close proximity and Trader Joe' s, TJ Maxx, Ashley Homestore, Michaels, Walmart, Sam' s Club and Kohl' s among the retailers within 1/2 miles of Best Buy. After experiencing explosive growth of 29 percent from 2000-2010, the area surrounding this shopping center is projected to experience continued growth of over seven percent through 2019. The average household income is $75,000.00 Palmdale is a strong LA county location. 10th Street West Shopping Center is near the intersection of Highway 14 and 10th Street West with traffic counts of 117,000 vehicles per day. Highway 14 is the major roadway linking Palmdale with Los Angeles.