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1703 E Palmdale Blvd Palmdale, CA 93550

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Single tenant NNN retail investment opportunity in Palmdale, CA.

Type:Retail
Property size:
7,600 SF
Added:
Nov 10, 2022
Days on Market:
1257
Last Refresh:
Mar 17 at 1:15 pm

Property Features for 1703 E Palmdale Blvd

General Information

Standard status
Active
Size
7,600 SF
Property subtype
Retail

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Listing Contact
Eric Carlton

Listing agent Eric Carlton License #CA 01809955

Listing office Colliers - Los Angeles - Orange County, California

Listing date Nov 10, 2022

Source Crexi

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 Colliers - Los Angeles - Orange County, California


Overview

Retail Investment Opportunity in Palmdale

This single-tenant net-leased investment opportunity is fully occupied by WSS (Warehouse Shoe Sale), a Foot Locker subsidiary. The property is located in Palmdale, CA, at the intersection of East Palmdale Blvd (State Rte. 138) and 17th St East, which experiences over 25,800 vehicles per day. The location is near major travel corridors, including California State Rte. 14 and the Pearblossom Hwy. The tenant has a newly signed 5-year extension with an additional five-year option period. The property is a retail investment located on a hard corner signalized intersection with over 5 lease years remaining. The tenant has a BB+ S&P credit rating. The property size is 7,600 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

WSS Clothing & Fashion Store Vans Clothing & Fashion Store

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Palmdale
County
Los Angeles
State
California
Longitude
-118.098389
Latitude
34.579718

FAQs

What type of property is this?
Retail space - Single tenant NNN retail investment opportunity in Palmdale, CA.
Where is this retail space located?
The property is located at 1703 E Palmdale Blvd Palmdale, CA.
What is the asking price?
The asking price for this property is $2,620,000.
What are key features of this property?
This property features: Single tenant net leased investment fully occupied by WSS (Warehouse Shoe Sale), a Foot Locker subsidiary.; Newly signed 5‑year lease extension with an additional five (5) year option period.; BB+ (S&P Credit Rating) tenant.
More about this property
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