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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

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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
B
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

AMENITIES

  • Bus Line
  • Corner Lot
  • Dedicated Turn Lane
  • Signage
  • Signalized Intersection

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • 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.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

IHOP
Cafe Rio
Five Guys
Smart & Final
Sprouts Farmers Market
Trader Joe's
U.S. Bank
Sharky's Woodfired Mexican Grill
The Coffee Bean & Tea Leaf
Chili's Grill & Bar

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3003-085-008
Land Assessment
$1,170,937 CAD
Improvements Assessment
$3,387,036 CAD
Total Assessment
$4,557,973 CAD
  • Listing ID: 35444468

  • Date on Market: 2025-04-10

  • Last Updated:

  • Address: 39256 10th St W, Palmdale, CA 93551

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