Single-Story Office
1140 Commerce Center Dr Lancaster, CA 93534
For Sale
Contact for pricing
Single-story office building is fully occupied by an AAA credit tenant and features a newly upgraded insulated roof system.
Property Size51,292 SF
Price / SF$316.81
Days on Market170
Property Features for 1140 Commerce Center Dr
General Information
- Standard status
- Active
- Size
- 51,292 SF
- Property subtype
- OFFICE
Listing Agency:
Systems Real Estate Management, Inc.
(818) 606-8606
Listed By:
Anthony Maniscalchi
(818) 606-8606
Source:
Moodyscre
Added: Feb 4
Changed: Jul 23
Last Checked: Jul 23 at 4:09PM
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 Systems Real Estate Management, Inc.
Investment Insights
Based on property information with market context.
This single-story office building is fully occupied by an AAA credit tenant. The property has undergone significant improvements and upgrades, including the installation of a new insulated roof system.
The building is located at 1140 Commerce Center Dr in Lancaster, CA (93534).
With its fully leased status and recently upgraded building envelope, the property offers a turnkey office asset for buyers seeking stabilized occupancy.
The building is located at 1140 Commerce Center Dr in Lancaster, CA (93534).
With its fully leased status and recently upgraded building envelope, the property offers a turnkey office asset for buyers seeking stabilized occupancy.
Key Highlights
- Single‑story office building fully occupied by an AAA credit tenant
- Building has received significant improvements and upgrades
- New insulated roof system
Financial Insights For Office B
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 | $1.35M | $26.40 |
| − Vacancy | −$264.1k | −$5.15 |
| EGI | $1.09M | $21.25 |
| − OpEx | −$272.5k | −$5.31 |
| NOI | $817.5k | $15.94 |
51,292 SF · lease $26.40/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$11.68M
$10.22M – $13.63M
NOI $817,543 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$16.11M
$14.10M – $18.80M
NOI $1,127,800 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
MY TWO CENTS ...
Employment Agency
Blake's Beauty Gold ...
(Bike/Boat/Book/etc) Store
THE TAX QUEENS
Tax Preparation
Pickles with attitude
Restaurant
Fresh box eats
Restaurant
FAQs
What type of property is this?
Office building - Single-story office building is fully occupied by an AAA credit tenant and features a newly upgraded insulated roof system.
Where is this office building located?
The property is located at 1140 Commerce Center Dr Lancaster, CA.
What is the asking price?
The asking price for this property is $16,250,000.
What are key features of this property?
This property features: Single‑story office building fully occupied by an AAA credit tenant; Building has received significant improvements and upgrades; New insulated roof system
