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Tejon Industrial Parkway 4193 Industrial Parkway Dr 606,000 SF 5-Star Industrial Building Lebec, CA 93243 For Sale
INVESTMENT HIGHLIGHTS
- 606,000 SF Class A Cross Dock Distribution Building
- 100% Leased To Dollar General Through July 2028 — Committed Tenant: Dollar General has occupied the building
- Strategic Location With I-5 Frontage and Near Hwy 99
- Below replacement cost which is estimated to be in the $177 PSF range
- Fiscal 2024 net sales increased 5.0% to $40.6 billion compared to $38.7 billion in fiscal 2023
- Immediate access to Interstate 5 on/off ramps
EXECUTIVE SUMMARY
Bid Date: October 8, 2025
CBRE is pleased to present the opportunity to acquire Tejon Ranch Commerce Center (“The Property”) The Park consist of a 606,000 SF Class A crossdock building leased to Dollar General, in Lebec, CA. Dollar General has occupied the building since 2012 and has a history of short term renewals, offering the opportunity for stable cash flow and maximum NOI growth. The building features best in class specifications including 10,900 SF of cooler space, 400 SF of freezer space, 32’ clear height, 116 dock high doors, large 185’ truck courts, and 168 trailer parking stalls.
The Park is strategically located adjacent to I-5 near the junction of I-5 and CA-99 in Kern County with the ability to reach 97% of California consumers within a one-day drive. The Park is located within Tejon Ranch Commerce Center, a master planned, fully entitled development featuring multi-national tenants like IKEA, Nestle, and Caterpillar. The Park is part of a Foreign Trade Zone, offering highly accessible port services through the ports of Los Angeles, Long Beach, and Oakland.
CBRE is pleased to present the opportunity to acquire Tejon Ranch Commerce Center (“The Property”) The Park consist of a 606,000 SF Class A crossdock building leased to Dollar General, in Lebec, CA. Dollar General has occupied the building since 2012 and has a history of short term renewals, offering the opportunity for stable cash flow and maximum NOI growth. The building features best in class specifications including 10,900 SF of cooler space, 400 SF of freezer space, 32’ clear height, 116 dock high doors, large 185’ truck courts, and 168 trailer parking stalls.
The Park is strategically located adjacent to I-5 near the junction of I-5 and CA-99 in Kern County with the ability to reach 97% of California consumers within a one-day drive. The Park is located within Tejon Ranch Commerce Center, a master planned, fully entitled development featuring multi-national tenants like IKEA, Nestle, and Caterpillar. The Park is part of a Foreign Trade Zone, offering highly accessible port services through the ports of Los Angeles, Long Beach, and Oakland.
PROPERTY FACTS
AMENITIES
- Bus Line
- Fenced Lot
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PROPERTY TAXES
| Parcel Number | 238-470-03-00-9 | Improvements Assessment | $87,116,303 CAD |
| Land Assessment | $13,506,591 CAD | Total Assessment | $100,622,893 CAD |
PROPERTY TAXES
Parcel Number
238-470-03-00-9
Land Assessment
$13,506,591 CAD
Improvements Assessment
$87,116,303 CAD
Total Assessment
$100,622,893 CAD
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Tejon Industrial Parkway | 4193 Industrial Parkway Dr
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