40360 La Quinta Palmdale, CA 93551
COMMERCIAL - Palmdale, CA
- Added:
- May 11, 2026
- Days on Market:
- 62
- Last Refresh:
- Jul 11 at 4:06 am
Property Features for 40360 La Quinta
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- PDM4
- Standard status
- Active
- APN
- 3005-045-003
- Size
- 18,970 SF
- Lot size
- 2.35 Acres
Utilities
- Utilities
- Natural Gas Available
- Cooling system
- Central Air
Building Details
- Year built
- 2007
- Floors in Building
- 1
- Building materials
- Stucco
- Roof type
- Tile
Listing agent Kenneth K Terracciano License #01254688 (661) 726-4804
Listing office RE/MAX All-Pro 43832 20th St. W, CA (661) 945-9461
Listing date May 11, 2026
Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The site totals approximately 2.35 acres and includes secured yard space. The offering is located at 40360 La Quinta Ln in Palmdale, identified as being in an expanding industrial corridor, with access and visibility described in the remarks.
The lease is described as a modified NNN structure with 2% annual rent increases and a corporate guaranty, extending through February 2028 with one additional five-year extension option. Tenant reimburses property taxes, while ownership maintains limited structural responsibilities. The remarks also indicate utilities are reportedly extended to the site, and there may be a potential expansion area that could support additional development subject to buyer verification, approvals, and permitting.
Key Highlights
- Approximately 18,970 SF specialized collision repair facility on approximately 2.35 acres
- Single‑tenant net leased property occupied by Caliber Collision under a modified NNN lease
- Lease extends through February 2028 with one additional five‑year extension option and 2% annual rent increases
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $489.4k | $25.80 |
| − Vacancy | −$26.9k | −$1.42 |
| EGI | $462.5k | $24.38 |
| − OpEx | −$138.8k | −$7.31 |
| NOI | $323.8k | $17.07 |