Leased Neighborhood Shopping
For Sale
Contact for pricing
Pending
1001 W Ave I, Lancaster, CA 93534
Well-maintained shopping center built in 1960, remodeled in 2008, and 100% leased with long-term tenants.
Property SizeContact for details
Days on Market150
Property Features for 1001 W Ave I
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
7.5%
Building Details
Year Built
1960
Year Renovated
2008
Tenancy
Multi
Listing Agency:
RE/MAX Optima
Listed By:
Andrew Awaida · License #01018186
Source:
Crexi
Added: Apr 11
Changed: Aug 26
Last Checked: Aug 31 at 5:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Optima
Investment Insights
Based on property information with market context.
This well-maintained shopping center was built in 1960 and remodeled in 2008. The property is currently 100% leased with long-term tenants and includes an in-place tenant base anchored by Speedy Cash, with Dollar Tree and Family Dollar in a shadow-anchor position. The offering is back to market with a stated 7.5% cap rate.
The center is located on heavily trafficked Avenue I & 10th Street West in Lancaster, CA, supporting consistent retail demand. As described in the marketing materials, rents are below market, providing potential for future rent increases.
The tenant mix includes a wide range of retailers under long-term occupancy, supporting an investor with existing income while remaining positioned for rent growth.
The center is located on heavily trafficked Avenue I & 10th Street West in Lancaster, CA, supporting consistent retail demand. As described in the marketing materials, rents are below market, providing potential for future rent increases.
The tenant mix includes a wide range of retailers under long-term occupancy, supporting an investor with existing income while remaining positioned for rent growth.
Key Highlights
- Shopping center built in 1960 and remodeled in 2008
- 100% leased with long‑term tenants, including anchors Speedy Cash, Dollar Tree, and Family Dollar
- Located on the heavily trafficked area at Avenue I & 10th Street West
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93534, CA
43,906
Population
16,343
Households
2.7
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
19.0 sq mi
ZIP Area
2,311
Density / Sq Mi
$58,891
Median Household Income
$44,566
Median Earnings
$1,513
Median Rent
$339,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Well-maintained shopping center built in 1960, remodeled in 2008, and 100% leased with long-term tenants.
Where is this shopping center located?
The property is located at 1001 W Ave I Lancaster, CA.
What are key features of this property?
This property features: Shopping center built in 1960 and remodeled in 2008; 100% leased with long‑term tenants, including anchors Speedy Cash, Dollar Tree, and Family Dollar; Located on the heavily trafficked area at Avenue I & 10th Street West
