Palmdale Shopping Center For
2200 E Palmdale Blvd, Palmdale, CA 93550
93% occupied shopping center with internet-resistant tenants.
Type:Retail
Property size:
92,073 SFLot size:
13.85 AcresPrice / SF:
$203/SF- Added:
- Mar 11, 2026
- Days on Market:
- 66
- Last Refresh:
- Mar 19 at 10:35 pm
Property Features for 2200 E Palmdale Blvd
General Information
- Standard status
- Active
- Size
- 92,073 SF
- Lot size
- 13.85 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1987
Listing agent Alan Krueger License #00880814
Listing office Marcus & Millichap
Listing date Mar 11, 2026
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 Marcus & Millichap
HighLights
- 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.
- California Opportunity Zone offers potential tax benefits.
- Strong Demographics: Nearly 144,000 residents within a five‑mile radius and average household income above $90,000.
- Upside Potential: Opportunity for increased income through lease‑up of remaining vacancy, projecting a Year 1 NOI of $1,412,173 at a 7.55% cap rate and a Year 3 stabilized cap rate of 9.24%.
Overview
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
Similar Places Nearby
- Plaza Del Centro — 533 E Palmdale Blvd, Palmdale, CA 93550
- Coin Time Bitcoin ATM — 110 E Palmdale Blvd, Palmdale, CA 93550
- Coin Cloud Bitcoin ATM — 38050 4th st e, palmdale, ca 93550
- Vanity nails — Palmdale, CA 93550
Location Insight
- Map
- Local Demand
- City
- Palmdale
- County
- Los Angeles
- State
- California
- Longitude
- -118.087872
- Latitude
- 34.579283
Nearby Similar for Sale
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.
