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450-460 W Palmdale Blvd 25,306 SF Retail Building Palmdale, CA 93551 $3,950,000 ($156.09/SF)
INVESTMENT HIGHLIGHTS
- Ground Lease through 2061
- Close to Palmdale Regional Medical Center
- Perfect location for a medical clinic
- Very low price per square foot
- 59% Vacant - qualifies for SBA Financing
EXECUTIVE SUMMARY
Priced at only $156 per square foot, buildings 450 and 460 at Challenger Business Park are subject to a ground lease through 2061. Building 460 is 13,200 square feet and is available for an owner-user. Building 450 has one small vacancy but is otherwise occupied and brings in about $280,000 in base rent and CAMs.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Building Size
25,306 SF
Building Class
B
Year Built
2009
Price
$3,950,000
Price Per SF
$156.09
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
2.20 AC
Zoning
NC - Neighborhood Commercial
Parking
118 Spaces (4.66 Spaces per 1,000 SF Leased)
Frontage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 1,400 SF
- Office/Retail
- -
- Now
- 460 building
- 13,200 SF
- Office/Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,400 SF | Office/Retail | - | Now |
| 460 building | 13,200 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 1,400 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
460 building
| Size |
| 13,200 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3004-002-031 | Improvements Assessment | $3,515,875 |
| Land Assessment | $2,154,507 | Total Assessment | $5,670,382 |
PROPERTY TAXES
Parcel Number
3004-002-031
Land Assessment
$2,154,507
Improvements Assessment
$3,515,875
Total Assessment
$5,670,382
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450-460 W Palmdale Blvd
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