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2200 E Palmdale Blvd Palmdale, CA 93550

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For Sale
$18,700,000

93% occupied shopping center with internet-resistant tenants.

Property size:
92,073 SF
Lot size:
13.85 Acres

Property Features for 2200 E Palmdale Blvd

General Information

Standard status
Active
Zoning
EDFX: Educational Flex
Size
92,073 SF
Lot size
13.85 Acres

Building Details

Year built
1987

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Listing Contact
Alan Krueger
Source: Crexi

Listing Agency: Marcus & Millichap Listing Agent: Alan Krueger

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Palmdale Shopping Center For Sale

Towne Square East Plaza is a 92,073-square-foot neighborhood shopping center located in Palmdale, California. The property is 93% occupied and situated on 13.85 acres. Anchored by tenants including Crunch Fitness, the United States Postal Service, and Los Angeles County Department of Mental Health, the center also features multiple pad sites with service and restaurant users. The property has benefited from approximately $5,000,000 in tenant improvements and nearly $500,000 in capital improvements over the past decade. The property is strategically positioned along East Palmdale Boulevard, with a daily traffic count of 34,000 vehicles, and offers convenient access to Aerospace Highway. It benefits from visibility and connectivity within a retail corridor surrounded by major national tenants such as Target, The Home Depot, and Ross. The property is located within a designated California Opportunity Zone. Strong demographics within a five-mile radius include nearly 144,000 residents with an average household income above $90,000.
Location Intelligence

Current Use by Public Records

Ay Papa Que ... Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Similar Places Nearby

Plaza Del Centro, Coin Time Bitcoin ATM, Coin Cloud Bitcoin ATM, Vanity nails

Location Insight

  • Map
  • Local Demand
City
Palmdale
County
Los Angeles
State
California
Longitude
-118.087872
Latitude
34.579283

FAQs

What type of property is this?
Shopping center - 93% occupied shopping center with internet-resistant tenants.
Where is this shopping center located?
The property is located at 2200 E Palmdale Blvd Palmdale, CA.
What is the asking price?
The asking price for this property is $18,700,000.
What are key features of this property?
This property features: - 93% Occupied Neighborhood Shopping Center with Strong Anchor Tenants including Crunch Fitness, USPS, and Los Angeles County Department of Mental Health.; - Significant Capital Improvements: Approximately $500,000 in capital improvements and $5,000,000 in tenant improvements over the past decade.; - Strategic Location on East Palmdale Boulevard with 34,000 vehicles passing daily and convenient access to Aerospace Highway.
More about this property
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