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Anchored Multi-Parcel Shopping Center
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2042 - 2270 E Palmdale Boulevard, Palmdale, CA 93550

Retail center with established anchors, pad sites, monument signage, and direct exposure along East Palmdale Boulevard.

Property Size147,926 SF
Lot Size21.80 Acres
Days on Market145

Property Features for 2042 - 2270 E Palmdale Boulevard

General Information

Standard status Active
Size 147,926 SF
Lot size 21.80 Acres
Property subtype Retail
Occupancy 77%

Site & Location

Anchor Co-Tenants Universal Fitness Club, United States Postal Service, IHOP, Doublz, Goodwill, Aaron's, LA Care, Tokyo Steakhouse, La Palma Restaurant
Traffic Count 24,800 vehicles/day
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Chris Tramontano · License #CA 01344898
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 4:48PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

Towne Square comprises Town Square East and Towne Square West, offering 147,926 SF of rentable space across four parcels totaling 21.80 acres. Combined occupancy is 77%. The center includes anchors such as Universal Fitness Club, the United States Postal Service, and Goodwill, along with single-tenant and multi-tenant pad sites occupied by IHOP, Doublz, Aaron's, LA Care, Tokyo Steakhouse, and La Palma Restaurant.

The property is located at 2042–2270 E. Palmdale Boulevard in Palmdale, California, where the roadway carries 24,800 vehicles daily. Seven monument signs serve the center, and Aerospace Highway is 2.4 miles away with 79,000 VPD and on/off-ramp access. Palmdale Metrolink Train Station is 2.5 miles from the property and reports 5,800 daily riders.

Towne Square sits beside Palmdale High School and opposite Antelope Valley College, which has more than 3,000 students per day. The surrounding retail corridor includes Super Target, The Home Depot, Ross, Vallarta Supermarkets, Fallas Paredes Discount Stores, and Harbor Freight Tools. The five-mile trade area includes nearly 142,000 residents with average household income above $70,500.

Key Highlights

  • 147,926 SF of rentable space across 4 parcels totaling 21.80 acres
  • Combined occupancy of 77% across Town Square East and Towne Square West
  • Anchors include Universal Fitness Club, United States Postal Service, and Goodwill

Property Analytics

Current Use

Aaron's Rent To Own Furniture & Home Goods Palmdale Title Loans Loan Service

Suggested Use

Top Pick Law Firm HVAC Service Skin Care Clinic Kitchen & Bath Showroom Electrical Service Garden Center

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

Lease Details

24,800 VPD
Traffic count
77%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,027
Businesses Nearby
Well-served
Demand for This Use

Demographics for 93550, CA

82,379
Population
23,965
Households
3.4
Avg Household Size
31
Median Age
10%
College-Educated
71%
High-School Grad
259.3 sq mi
ZIP Area
318
Density / Sq Mi
$63,811
Median Household Income
$34,287
Median Earnings
$1,573
Median Rent
$378,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with established anchors, pad sites, monument signage, and direct exposure along East Palmdale Boulevard.
Where is this shopping center located?
The property is located at 2042 - 2270 E Palmdale Boulevard Palmdale, CA.
What are key features of this property?
This property features: 147,926 SF of rentable space across 4 parcels totaling 21.80 acres; Combined occupancy of 77% across Town Square East and Towne Square West; Anchors include Universal Fitness Club, United States Postal Service, and Goodwill
More about this property
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