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38463 9th St E 4,428 SF Retail Building Palmdale, CA 93550 $897,820 CAD ($202.76 CAD/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Flexible Lease Structure - Existing short-term leases provide an excellent opportunity for an investor seeking value-add potential
- Prime Transportation Access – Conveniently located near Highway 14 and major arterials, offering seamless connectivity throughout Palmdale
- Located in a growing commercial corridor with a dense residential population and consistent consumer demand.
- Prime Palmdale Location – Conveniently located near major retailers and key commercial corridors with strong visibility and access.
- Prominent Corner Location – Desirable corner positioning along 9th Street East
EXECUTIVE SUMMARY
IKON Properties is proud to present 38463 9th Street East, a well-positioned commercial property located in the heart of Palmdale’s expanding business district. This attractive asset occupies a prominent corner location along 9th Street East, offering excellent visibility, strong signage potential, and convenient access for both customers and tenants.
The property enjoys a prime Palmdale location, surrounded by major retailers and situated within a highly active commercial corridor. With direct access to Highway 14 and key arterials, the site offers seamless regional connectivity throughout Palmdale, Lancaster, and the greater Antelope Valley.
Supported by strong local demographics and continued commercial growth, 38463 9th Street East represents an exceptional opportunity to acquire a versatile, income-producing asset in one of the Antelope Valley’s most dynamic markets.
The property enjoys a prime Palmdale location, surrounded by major retailers and situated within a highly active commercial corridor. With direct access to Highway 14 and key arterials, the site offers seamless regional connectivity throughout Palmdale, Lancaster, and the greater Antelope Valley.
Supported by strong local demographics and continued commercial growth, 38463 9th Street East represents an exceptional opportunity to acquire a versatile, income-producing asset in one of the Antelope Valley’s most dynamic markets.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
4,428 SF
Building Class
C
Year Built
1957
Price
$897,820 CAD
Price Per SF
$202.76 CAD
Cap Rate
5.50%
NOI
$49,380 CAD
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.92
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
SP - SP Transit Area Urban Core
Frontage
AMENITIES
- Corner Lot
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 834
- 1,569 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 834 | 1,569 SF | Retail | - | Now |
834
| Size |
| 1,569 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3008-034-001 | Improvements Assessment | $839,771 CAD |
| Land Assessment | $211,768 CAD | Total Assessment | $1,051,540 CAD |
PROPERTY TAXES
Parcel Number
3008-034-001
Land Assessment
$211,768 CAD
Improvements Assessment
$839,771 CAD
Total Assessment
$1,051,540 CAD
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38463 9th St E
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