564 E Palmdale Blvd | Palmdale, CA 93550
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- LoopNet Team
564 E Palmdale Blvd
Palmdale, CA 93550
Jack In The Box · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New Long Term Lease - Jack in the Box recently renewed their lease for an additional 20 years, showing their commitment to the dense infill site.
- Remodel - Jack in the Box has plans to remodel this site. Increasing the value for the future owner.
- Dense Market - The property is located in a dense infill area of Palmdale, at a lighted intersection, increasing the intrinsic value.
- Absolute NNN Lease - With zero landlord responsibilities, the Absolute NNN lease structure provides for long-term passive ownership.
- Tax Deductions - Unlike a ground lease, the fee simple land and building sale allow an investor to depreciate the asset, increasing the overall return
- Secure Sector - The fast food industry has been one of the most stable business sectors through the pandemic.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,475 SF
Building Class
C
Year Built
1969
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.51 AC
Zoning
C3
Parking
36 Spaces (14.55 Spaces per 1,000 SF Leased)
Frontage
136’ on Palmdale
AMENITIES
- Bus Line
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 3009-007-024 | Improvements Assessment | $2,273,106 |
| Land Assessment | $616,985 | Total Assessment | $2,890,091 |
PROPERTY TAXES
Parcel Number
3009-007-024
Land Assessment
$616,985
Improvements Assessment
$2,273,106
Total Assessment
$2,890,091
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