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Vallarta Supermarkets NNN Leased Investment 815 E Avenue K 42,668 SF Retail Building Lancaster, CA 93535 For Sale
INVESTMENT HIGHLIGHTS
- Vallarta Supermarket in Los Angeles County
- Heavy Traffic Signalized Corner Location in Challenger Center
- Vallarta Operates Over 60 Stores in Southern California
- NNN Leased Investment: $574,550 Annual NOI
- Excellent Lancaster Demographics
EXECUTIVE SUMMARY
Vallarta Supermarkets is the grocery anchor tenant of Challenger Center, a large retail area encompassing several shopping centers along Challenger Way, particularly near East Avenue J and East Avenue K. This area serves as a commercial hub for the local community, offering a variety of stores, services, and dining options. Tenants in the Center that are not a part of the offering are Walgreens, McDonalds, Starbucks, Weinerschnitzel, Supercuts, Upper Crust, Subway, Cricket Wireless, and La Michocana. The Challenger Center is currently managed by DML Property Management, who oversees CAM/NNN costs.
• 42,668± SF total building area
• 152,068± SF land area
• Built 2008
• 239 surface parking spaces (5.7/1,000 SF)
• Zoned LRCPD
• APN 3140-036-037
• $574,550 annual net operating income
• Remaining lease: 3 years + two 5-year options
• Base rent 2023-2028: $47,880 per month (years 16-20)
• 23,292 vehicles per day traffic count (2025)
PROPERTY FACTS
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 42,000 SF
- $18.92 CAD
- Triple Net
- Apr 2028
Vallarta Supermarkets (Carniceria Vallarta) was founded in 1985 by Enrique Gonzalez Sr., who was later joined in the business by his four brothers, his son and a nephew. Their family roots and humble origins began in a very small town named Jalostotitlán, Jalisco, Mexico where meals from the four basic food groups (dairy, meat, grains, and vegetables) were not common to the Gonzalez family. The five brothers were raised on a meager farm the majority of their impressionable years. The parents instilled into their children at very young ages a strong work ethic which enabled them to overcome any obstacles that came their way. Subsistent farming was a normal way of life in this part of the world; everyone had to contribute to the daily activities to make ends meet for the household. When the opportunity arose to immigrate to the United States in 1960’s, the Gonzalez family was thankful to stake their claim in the “land of opportunity”, the United States of America.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 42,000 SF | $18.92 CAD | Triple Net | Apr 2028 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3140-036-037 | Improvements Assessment | $6,172,537 CAD |
| Land Assessment | $10,184,686 CAD | Total Assessment | $16,357,222 CAD |
PROPERTY TAXES
Presented by
Vallarta Supermarkets NNN Leased Investment | 815 E Avenue K
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