1040 Rancho Vista BlvdPalmdale, CA 93551

Property Details for 1040 Rancho Vista Blvd

Year built

2000

Construction

WOOD

Lot size

0.51 AC

Property size (Sq ft)

2,686 SF

Zone code

LCM11/2-B2

Property type

Retail properties

Property subtype

Auto shops

APN

3003-003-063

APU

3003003063

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,256,851

  6.5%

  $1,160,170

  7%

  $1,077,301

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,287,140

  Geo Method

  $1,287,140

• Alternative Use

  Use

  Valuation

  Residential

  $978,647

  Hospitality

  $896,435

  Educational

  $745,824

  Medical

  $771,474

  Retail

  $1,160,170

Location Insight

City

Palmdale

County

Los Angeles

State

California

Latitude

34.6014

Longitude

-118.149

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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