For Sale
$2,483,420

1040 Rancho Vista BlvdPalmdale, CA 93551

High-yield NNN retail property in Palmdale, CA.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a single-tenant, triple-net (NNN) leased retail property located at 1040 W. Rancho Vista Blvd, Palmdale, CA 93551, within Los Angeles County. The property boasts a substantial 2,686 square feet of retail space situated on a 0.45-acre lot. Currently operating at 100% occupancy, the property is secured by an 11-year remaining lease term, offering significant long-term stability for investors. The asking price is $2,483,420, representing an attractive 5.00% capitalization rate. This makes it an ideal addition to any diversified commercial real estate portfolio. The property's strong tenant base and prime location in Palmdale, California, contribute to its exceptional investment potential. The NNN lease structure minimizes landlord responsibilities, further enhancing the property's appeal to passive investors seeking a low-maintenance, high-return investment. This is a rare opportunity to acquire a well-established, high-performing retail property in a thriving market. The property's size and location make it suitable for a variety of retail uses, ensuring continued strong performance and potential for future appreciation. The long-term lease provides predictable cash flow, making this an attractive option for investors seeking a stable and reliable income stream. Detailed financial information is available upon request.

Highlights

  • 2,686 SF retail building on a 0.45-acre lot in Palmdale, CA.
  • 100% occupied with an 11-year remaining lease.
  • Triple-Net (NNN) lease minimizing landlord responsibilities.
  • Asking price: $2,483,420, with a 5.00% cap rate.

Property Details for 1040 Rancho Vista Blvd

Property type
Retail properties
Square Feet
2,686 SF
Lot Size (sq. ft)
19,602 SF

Location Insight

City
Palmdale
County
Los Angeles
State
California
Latitude
34.6014586
Longitude
-118.1490913
1040 Rancho Vista Blvd, Palmdale, California

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1040 Rancho Vista Blvd
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