Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

916 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Small Strip Center within Major Power Center 39256 10th St W 8,000 SF 100% Leased Retail Building Palmdale, CA 93551 $5,572,513 CAD ($696.56 CAD/SF) 6.50% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

100% Occupied | NNN Leases | Well-Known and Established Tenants
Palmdale Regional Medical Center | Amazon Distribution Center | Major Aerospace Facilities
Steady, Consistent Consumer Base | Hotel Cluster | Strong Demographics in 5-Mile Trade Area

Signalized, Hard-Corner Intersection | Quick Access to State Highway 139 & 14 (82,500 VPD) | Excellent Visibility & Access
Palmdale Marketplace | Immense Retail Corridor

EXECUTIVE SUMMARY

SRS Investment Properties Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 100% occupied, three-tenant, America’s Best Contacts & Eyeglasses (NASDAQ: EYE), The Joint Chiropractic, and The Vitamin Shoppe (NASDAQ: FRG) investment opportunity located in Palmdale, California. The Joint Chiropractic recently exercised their option period early, extending their lease through 2032 and showing excellent long-term commitment to the location. The site has a weighted average lease term of approximately 3 years. All tenants operate under NNN leases, limiting expense leakage for a future investor. Vitamin Shoppe reports exceptional store sales - contact agent for details.

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront

Building Size

8,000 SF

Building Class

Year Built

2002

Price

$5,572,513 CAD

Price Per SF

$696.56 CAD

Cap Rate

6.50%

NOI

$362,241 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.18

Lot Size

1.00 AC

Zoning

SP - Specific Plan

Parking

61 Spaces (7.63 Spaces per 1,000 SF Leased)

Frontage

84’ on 10th

Bus Line
Corner Lot

Dedicated Turn Lane

Signage

Signalized Intersection

Retailer
-
-
Lorem Ipsum
Jan 0000

America’s Best Contacts & Eyeglasses mission is to deliver the best value in quality eyecare and eyewear at the low prices America deserves...every day. All areas of their company focus on delivering this promise to their customers. From store operations and training to their labs and distribution systems, they're working to ensure that no one who shops at America’s Best overpays. They combine both parts of the optical equation—eyewear and eye care—into one great experience at one low price. Headquartered in metro Atlanta, America’s Best continues to grow through a dedication to developing value, loyal customers, happy associates, proven professionals, and innovation for the future.