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40360 La Quinta Ln
Palmdale, CA 93551
Caliber Collision · Retail Property For Sale
Investment Highlights
- Tenant executed an early lease extension for new 15 year term.
- Tenant acquired an independent operator at this location.
- 5 Mile Population Exceeds 170,900.
- Incredible rent escalations of 2% annually AND 10% at year 9.
- This location is in the 93rd percentile of all Calibers (Placer.ai)
- Incredible total rent growth of 42.3% over the primary lease term.
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
20,015 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
2.35 AC
Zoning
PDM4* - Auto repair (& related), Garage
Parking
60 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 3005-045-003 | Improvements Assessment | $2,505,663 |
| Land Assessment | $844,060 | Total Assessment | $3,349,723 |
Property Taxes
Parcel Number
3005-045-003
Land Assessment
$844,060
Improvements Assessment
$2,505,663
Total Assessment
$3,349,723
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