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45223 23rd St W 10,900 SF 100% Leased Retail Building Lancaster, CA 93536 $2,099,000 ($192.57/SF) 6.07% Cap Rate



Executive Summary
property in Lancaster, CA. Boasting a spacious 10,900 square foot
building ideally suited for an Industrial / Office Showroom investor,
this meticulously renovated property offers the perfect blend of
modern amenities and industrial functionality. With its excellent
location within the Industrial area and versatile zoning, and long-term
tenant, this 1-unit building presents a compelling investment
prospect. Renovated in 2024, the property reflects contemporary
design and functionality, offering 100% occupancy potential for savvy
investors. Don't miss the chance to capitalize on this turnkey
opportunity for industrial and office showroom success.
Property Facts
Amenities
- Bus Line
- Freeway Visibility
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- A V Tractor & Turf
- Wholesaler
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Deere & Company began in 1837 when John Deere developed the self-scouring steel plow. The company became a major farm equipment producer and expanded into construction machinery. Today, the company operates through four segments: production and precision agriculture, small agriculture and turf, construction and forestry, and financial services. Deere & Company serves customers worldwide with products such as tractors and excavators, while also providing financial services and precision agriculture technology.
- Kern Machinery, Inc.
- Wholesaler
- -
- -
- -
- Picture This Time
- Public Administration
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- -
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U-Haul began in 1945, when Leonard Shoen and Anna Mary Carty Shoen turned a need for one-way moving trailers into a rental business that grew through service-station partnerships and a recognizable orange fleet. Today, the company focuses on do-it-yourself moving and storage, offering truck and trailer rentals, towing equipment, U-Box containers, moving supplies, and storage services. U-Haul operates a broad rental network across the United States and Canada and continues to serve customers through roadside assistance and Moving Help services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| A V Tractor & Turf | Wholesaler | - | - | - | ||
|
Manufacturing | - | - | - | ||
| Kern Machinery, Inc. | Wholesaler | - | - | - | ||
| Picture This Time | Public Administration | - | - | - | ||
|
Real Estate | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 3114-014-015 | Improvements Assessment | $685,527 |
| Land Assessment | $62,399 | Total Assessment | $747,926 |
Property Taxes
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45223 23rd St W
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