Freestanding Drive-Through
For Sale
Contact for pricing
2606 E PALMDALE BLVD, Palmdale, CA 93550
Former Burger King facility with drive-through infrastructure and shared access to an adjoining shopping center.
Property Size3,426 SF
Lot Size0.36 Acres
Price / SF$437.83
Days on Market60
Property Features for 2606 E PALMDALE BLVD
General Information
Standard status
Active
Size
3,426 SF
Lot size
0.36 Acres
Property subtype
Retail
Site & Location
Drive-Thru
Yes
Traffic Count
24,800 vehicles/day
Additional Details
Asking Price
$1,500,000
Building Details
Buildings
1
Listing Agency:
CBRE - South Bay
Listed By:
Bo Henderson · License #02148577
(310) 363-4659
Source:
Crexi
Added: Aug 24
Changed: Oct 12
Last Checked: Oct 20 at 9:12PM
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 CBRE - South Bay
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding drive-through restaurant facility includes approximately 3,426 SF of building area on approximately 15,728 SF of land. Formerly operated as a Burger King, the property retains a drive-through configuration and is positioned for continued restaurant use or repositioning within the food-service sector.
The site fronts E Palmdale Blvd in Palmdale and records approximately 24,800 cars per day. It is adjacent to Dutch Bros Coffee and near national retail operators, providing established commercial surroundings. Reciprocal parking and access with the neighboring shopping center support customer circulation and day-to-day operations.
The site fronts E Palmdale Blvd in Palmdale and records approximately 24,800 cars per day. It is adjacent to Dutch Bros Coffee and near national retail operators, providing established commercial surroundings. Reciprocal parking and access with the neighboring shopping center support customer circulation and day-to-day operations.
Key Highlights
- ±3,426 SF building on ±15,728 SF of land
- Existing drive‑through restaurant configuration
- Approximately 24,800 cars per day on E Palmdale Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,372
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,347,440
$1.3M
Cap Rate 7%
$962,457
$962.5K
Cap Rate 9%
$748,578
$748.6K
Market Conditions
NOI Build-Up for 3,426 SF
Gross rent
$94.6K $27.60/SF
− Vacancy
−$4.7K −$1.38/SF
EGI
$89.8K $26.22/SF
− OpEx
−$22.5K −$6.56/SF
NOI
$67.4K $19.67/SF
Area
Palmdale, CA
Vacancy
5.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,347,440
Cap Rate 7%
$962,457
Cap Rate 9%
$748,578
Alternative Uses
Best Use
Specialty Retail
$962.5K
$842.2K – $1.12M
NOI $67,372 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,261 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
24,800 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Former Burger King facility with drive-through infrastructure and shared access to an adjoining shopping center.
Where is this drive through restaurant located?
The property is located at 2606 E PALMDALE BLVD Palmdale, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: ±3,426 SF building on ±15,728 SF of land; Existing drive‑through restaurant configuration; Approximately 24,800 cars per day on E Palmdale Blvd
