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40725 W Rancho Blvd
Palmdale, CA 93551
For Lease

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use Apartment Units - Senior

PROPERTY OVERVIEW

This prime property is fully entitled for a comprehensive 275-unit / 311-bed Continuing Care Retirement Community (CCRC), offering a spectrum of care including independent living, assisted living, memory care, and skilled nursing / transitional rehabilitation services. Notably, it has secured Conditional Use Approval from the City of Palmdale, with water rights in place and a readily available Water Will Serve Letter, streamlining the development process. With favorable growth demographics for both the general population and the 75-plus age group, this CCRC addresses a clear demand in an underserved market, a fact reaffirmed by a market study conducted by a nationally recognized analyst in January 2012. Its attractive design blends seamlessly into the upscale Rancho Vista Neighborhood, and its convenient location near the new Palmdale Medical Center makes it a highly desirable opportunity in the senior care industry.

  • Listing ID: 29694187

  • Date on Market: 10/3/2023

  • Last Updated:

  • Address: 40725 W Rancho Blvd, Palmdale, CA 93551

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