Building Details

Buildings 2

Listing Agency: ASU Commercial

Listed By: Henry Mendez · License #CA 01127054

Source: Crexi

Added: Jul 7 Changed: Aug 30 Last Checked: Aug 30 at 4:32PM

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Investment Insights

Based on property information with market context.

This industrial property consists of an existing 45,854-square-foot building offered for sale. The asset is identified as the JC Penney Building and carries a stated 9.00% CAP rate.

The property is located at 1218 & 1228 Main & 1217 Jefferson in Delano, California 93215.

Key Highlights

• 45,854‑square‑foot industrial building
• 9.00% CAP rate
• Located at 1218 & 1228 Main & 1217 Jefferson

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Electrical Service Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,184

Businesses Nearby

Explore this area Business Placement

Demographics for 93215, CA

53,626

Population

13,207

Households

4.1

Avg Household Size

32

Median Age

8%

College-Educated

62%

High-School Grad

145.5 sq mi

ZIP Area

369

Density / Sq Mi

$61,329

Median Household Income

$26,998

Median Earnings

$1,085

Median Rent

$271,700

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial property - The offering includes an existing commercial structure for sale.

Where is this industrial property located?

The property is located at 1218 &1228 Main & 1217 Jefferson Delano, CA.

What are key features of this property?

This property features: 45,854‑square‑foot industrial building; 9.00% CAP rate; Located at 1218 & 1228 Main & 1217 Jefferson