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Investment Highlights

  • Shadow-Anchored by Target (NYSE: TGT): The property is positioned directly within the Lancaster Commerce Center
  • Surrounding power center co-tenants include Burlington, Crunch Fitness, Big 5 Sporting Goods, 24 Hour Fitness, Lowe’s, WinCo Foods and more
  • Primary Tenant, Safelite Auto (±3,927 SF): National investment-grade credit tenant in occupancy since June 1995
  • The Lancaster Target has operated at this location for over two decades and represents the only Target location in the city of Lancaster
  • 100% Occupied — Stable, Long-Tenured Tenant Mix With Contractual Rent Growth
  • Strategic Freeway-Adjacent Positioning: The property benefits from immediate access to State Route 14 (Antelope Valley Freeway)

Executive Summary

100% Occupied Long Tenured Tenants | Shadow-Anchored by Target | 55,572 CPD Intersection Commerce & 10th

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,132 SF
Building Class
C
Year Built/Renovated
1992/2021
Price
$6,880,230 CAD
Price Per SF
$753.42 CAD
Cap Rate
6.75%
NOI
$464,416 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.70 AC
Zoning
GC - General Commercial
Frontage
200’ on W 10TH ST

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Cloud Smoke Shop
  • Retailer
  • -
  • -
  • -
  • Daisy Massage
  • Services
  • -
  • -
  • -
  • Accommodation and Food Services
  • -
  • -
  • -

Flame Broiler began in 1995 when Young Lee opened the first restaurant after identifying a need for affordable, healthy meals. Flame Broiler is a family-owned quick-service restaurant chain centered on Korean-inspired rice bowls, with menu offerings that include natural chicken, organic tofu, choice angus beef, bold sauces, and other healthy options. Flame Broiler also supports a franchising model that gives entrepreneurs a path into restaurant ownership while keeping the business focused on simple operations, quality ingredients, and fast service. Community giving has remained part of Flame Broiler's identity, and the family business continues under the next generation as Young Lee's sons have joined the company.

  • Poke Ramen
  • Accommodation and Food Services
  • -
  • -
  • -
  • The Cloud House
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Cloud Smoke Shop Retailer - - -
Daisy Massage Services - - -
Accommodation and Food Services - - -
Poke Ramen Accommodation and Food Services - - -
The Cloud House - - - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Crunch Fitness
Winco Foods
Toyota
Bank of America
Chase
Starbucks
The Habit Burger Grill
Chili's Grill & Bar
Applebee's
Yoshinoya

Property Taxes

Property Taxes

Parcel Number
3125-021-083
Land Assessment
$113,791 CAD
Improvements Assessment
$1,700,951 CAD
Total Assessment
$1,814,742 CAD
  • Listing ID: 40792693

  • Date on Market: 2026-06-04

  • Last Updated:

  • Address: 43403 10th St W, Lancaster, CA 93534

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