Search
Bank of America Ground Lease

38203 47th Street East, Palmdale, CA 93552

For Sale
Contact for pricing

The bank branch has been remodeled and operates under an absolute NNN lease structure.

Property SizeContact for details
Days on Market21

Property Features for 38203 47th Street East

General Information

Standard status Active
Property subtype Retail

Additional Details

Tenant in Place Yes

Building Details

Tenancy Single
Listing Agency: Newmark | Los Angeles - Downtown
Listed By: Kyle Miller · License #NV S.0196952
Source: Crexi
Added: Oct 20 Changed: Nov 8 Last Checked: Nov 8 at 3:37PM

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

Rey
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.

The offering is the fee interest in a bank pad occupied by Bank of America under an absolute NNN ground lease. The branch has undergone remodeling. The property is located at 38203 47th Street East in Palmdale, within 47th Street Pavilion.

Key Highlights

  • Fee interest in a bank pad under an absolute NNN ground lease
  • Bank of America branch has been remodeled
  • Located at 38203 47th Street East, Palmdale

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bank of America (with ... Bank Mortgage, Bank of America Loan Service Bank of America ATM ... Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Restaurant Big Box & Wholesale Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

336
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for NNN properties in Los Angeles County, CA

$682 Jul
$788 Aug
$766 Sep
$813 Oct

Properties on Market for NNN properties in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
NNN property - The bank branch has been remodeled and operates under an absolute NNN lease structure.
Where is this nnn property located?
The property is located at 38203 47th Street East Palmdale, CA.
What is the asking price?
The asking price for this property is $2,790,000.
What are key features of this property?
This property features: Fee interest in a bank pad under an absolute NNN ground lease; Bank of America branch has been remodeled; Located at 38203 47th Street East, Palmdale
(310) 227-0826 Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved