Grocery Convenience NNN
For Sale
Contact for pricing
Pending
5038 W Avenue North, Palmdale, CA 93551
Smart & Final Extra is offered with 16+ years remaining on an absolute triple-net lease featuring annual rent increases.
Property Size58,033 SF
Days on Market116
Property Features for 5038 W Avenue North
General Information
Standard status
Pending
Size
58,033 SF
Property subtype
Retail
Listing Agency:
Sands Investment Group Los Angeles
Listed By:
Chris Sands · License #CA 01387583
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Aug 3 at 12:56PM
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 Sands Investment Group Los Angeles
Investment Insights
Based on property information with market context.
Smart & Final Extra is a 58,033 SF grocery and convenience retail property offered for sale on an absolute triple-net (NNN) basis. The lease has 16+ years remaining and includes attractive annual rent increases, providing structured income over the holding period.
The property is located at 5038 W. Avenue North in Palmdale, California, within Los Angeles County.
This offering is presented as an NNN investment anchored by an established grocery/convenience tenant under long-term lease terms.
The property is located at 5038 W. Avenue North in Palmdale, California, within Los Angeles County.
This offering is presented as an NNN investment anchored by an established grocery/convenience tenant under long-term lease terms.
Key Highlights
- 58,033 SF Smart & Final Extra located at 5038 W. Avenue North in Palmdale, CA
- 15+ years remaining on an absolute triple‑net (NNN) lease
- Lease includes annual rent increases
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Explore this area
Business Placement
Demographics for 93551, CA
56,001
Population
17,940
Households
3.1
Avg Household Size
38
Median Age
30%
College-Educated
87%
High-School Grad
84.8 sq mi
ZIP Area
660
Density / Sq Mi
$110,850
Median Household Income
$55,882
Median Earnings
$2,263
Median Rent
$548,800
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?
NNN property - Smart & Final Extra is offered with 16+ years remaining on an absolute triple-net lease featuring annual rent increases.
Where is this nnn property located?
The property is located at 5038 W Avenue North Palmdale, CA.
What are key features of this property?
This property features: 58,033 SF Smart & Final Extra located at 5038 W. Avenue North in Palmdale, CA; 15+ years remaining on an absolute triple‑net (NNN) lease; Lease includes annual rent increases
