38463 9Th StPalmdale, CA 93550

This exceptional 4,428-square-foot restaurant property in Palmdale, California, presents a compelling owner-user or investment opportunity. Located at 38463 9th Street East, this single-story building sits on a 4,971-square-foot lot and is priced at $1,195,000 ($269.87/sq ft). The property boasts a strong pro-forma cap rate of 5.50% and features a desirable Net Net Net (NNN) lease structure. Current tenants, all with 5-10 year occupancy, have recently signed new NNN leases, ensuring stable income. A 1,500-square-foot corner space is available for an owner-user, providing significant flexibility. Recent upgrades include electrical service improvements, roof repairs, and fresh paint. The property's strategic location near major retailers, Air Force Plant 42, and prominent defense contractors like Northrop Grumman, Lockheed Martin, and Boeing, positions it for continued success. Palmdale's status as one of Los Angeles County's fastest-growing areas, driven by affordable housing, further enhances the investment potential. The units are separately metered, and SBA loans are available. This is a rare chance to acquire a well-maintained, income-producing restaurant property in a thriving market. Don't miss this opportunity.