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Regional Shopping Center For Sale
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38003 47th St E, Palmdale, CA 93552

Premier shopping center in high-growth Los Angeles County market.

Property Size303,561 SF
Lot Size46.50 Acres
Days on Market195

Property Features for 38003 47th St E

General Information

Standard status Pending
Size 303,561 SF
Class B
Lot size 46.50 Acres
Property subtype Retail
Zoning RC
Occupancy 98%
Investment Type Core

Building Details

Year Built 2008
Tenancy Multi
Listing Agency: Newmark | Los Angeles - Downtown
Listed By: Kyle Miller · License #CA 01716644
Source: Crexi
Added: Feb 2 Changed: Aug 8 Last Checked: Jul 24 at 11:44AM

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 Newmark | Los Angeles - Downtown

Investment Insights

Based on property information with market context.

The 47th Street Pavilion is a 476,376 square-foot regional shopping center located on 46.5 acres in Palmdale, California, within the Los Angeles County market. The property encompasses 303,561 square feet of gross leasable area on 32.4 acres. Anchored by a Home Depot and a Super Target, the center benefits from consistent consumer traffic. The property maintains a strong occupancy rate, with over 86% of the GLA leased to national credit tenants, providing a stable and diverse income stream. Notable tenants include Ross Dress for Less, dd’s Discounts, PetSmart, Bank of America, Wells Fargo, IHOP, El Pollo Loco, Chipotle, and Starbucks. Recent additions include Skechers, Handles Ice Cream, and a national QSR chicken restaurant. The successful backfilling of the former Staples box by dd’s Discounts and the addition of a freestanding Chipotle drive-thru indicate the center’s appeal to market-leading retailers. There is an opportunity to lease the remaining 6,491 square feet of contiguous vacancy. The property is comprised of fifteen individual parcels, offering a strategic break-up of high-value individual pads, including five drive-thru locations and several single-tenant national credit outparcels such as Home Depot, Chipotle, El Pollo Loco, Yoshinoya/Starbucks, Bank of America, Burger King, and America’s Tires.

Key Highlights

  • Dominant regional shopping center in Palmdale, a high‑growth Los Angeles County market.
  • Anchored by a top‑performing Home Depot and the region’s only Super Target, driving consistent consumer traffic.
  • High occupancy rate: over 86% of GLA leased to national credit tenants, providing exceptional stability and diverse income.

Property Analytics

Current Use

Wells Fargo ATM Atm Wells Fargo Advisors Financial Advisor Wells Fargo Bank Bank AT&T - Internet Service ... Telecommunications Service AT&T Store Mobile Phone Store

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Auto Repair Shop Dental Office

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

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby
Under-served
Demand for This Use

Demographics for 93552, CA

42,468
Population
11,329
Households
3.7
Avg Household Size
32
Median Age
12%
College-Educated
76%
High-School Grad
38.4 sq mi
ZIP Area
1,106
Density / Sq Mi
$84,894
Median Household Income
$39,764
Median Earnings
$1,851
Median Rent
$414,600
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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Similar Off Market Nearby

  • 47th Street Pavilion 38235 47th St E, Palmdale, CA 93552
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Frequently Asked Questions

What type of property is this?
Shopping center - Premier shopping center in high-growth Los Angeles County market.
Where is this shopping center located?
The property is located at 38003 47th St E Palmdale, CA.
What are key features of this property?
This property features: Dominant regional shopping center in Palmdale, a high‑growth Los Angeles County market.; Anchored by a top‑performing Home Depot and the region’s only Super Target, driving consistent consumer traffic.; High occupancy rate: over 86% of GLA leased to national credit tenants, providing exceptional stability and diverse income.
More about this property
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