Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Palmdale Office Space Available Title is generated by Realmo AI

    38660 Medical Center Dr., Palmdale, CA 93551

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office suites available for lease in Palmdale, California.

    Type:Office
    Property size:
    59,577 SF
    Added:
    Sep 25, 2025
    Days on Market:
    249
    Last Refresh:
    May 9 at 12:38 am

    Property Features for 38660 Medical Center Dr.

    General Information

    Standard status
    Active
    Size
    59,577 SF
    Property subtype
    Office

    Building Details

    Year Built
    2009

    Spaces For Lease

    at 38660 Medical Center Dr. Contact us

    We can help!

    Listing Contact
    Joseph Pierik
    Joseph Pierik

    Listing agent Joseph Pierik License #CalDRE #02144961

    Listing office Lee & Associates - Riverside

    Listing date Sep 25, 2025

    Source Lee-associates

    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 Lee & Associates - Riverside

    HighLights

    • Multiple suites available, offering flexibility in space selection (ranging from 2,130 SF to 7,153 SF).
    • Suite A300 offers the largest available space at 7,153 SF.
    • Suite A100 offers a substantial space of 6,747 SF.
    • Suite 380 provides a sizable area of 5,498 SF.
    • Suite A340 is available with 3,984 SF.
    • Constructed in 2009, indicating a relatively modern building.

    Overview

    Suites are available for lease in Palmdale, California. Available spaces include Suite A100 with 6,747 square feet, Suite A220 with 2,130 square feet, Suite A290 with 3,090 square feet, Suite A300 with 7,153 square feet, Suite A340 with 3,984 square feet, and Suite 380 with 5,498 square feet. The property's total size is 59,577 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Keck Medicine of USC ... Medical Clinic Donna Gallik Physician Center for Wound Care ... Medical Clinic Retina Specialists Medical Clinic Los Angeles Orthopaedic ... Medical Clinic

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Palmdale
    County
    Los Angeles
    State
    California
    Longitude
    -118.145
    Latitude
    34.5835

    Nearby Similar for Lease

    • $8,000/Mo
      4,500 SF

      Iconic Restaurant Location Available

      High-traffic restaurant location with established reputation and full build-out.
      553 Sierra, Palmdale, CA 93550
      View Details
    • $1,700/Mo
      2,280 SF

      Versatile Commercial Space in Palmdale

      Flexible commercial units available for rent in Palmdale, CA.
      38128 6th Street, Palmdale, CA 93550
      View Details
    • $29 SF/Yr
      3,057-3,057 SF

      Turn-Key Auto Shop For Lease

      Automotive facility on Palmdale's main corridor, adjacent to In-N-Out.
      202 E Palmdale Blvd, Palmdale, CA 93550
      View Details
    • $550/Mo
      1,100 SF

      Palmdale Office Space For Rent

      Office space for rent in Palmdale shopping center.
      533 E Palmdale Boulevard, Palmdale, CA 93550
      View Details
    • $1.00 SF/Yr
      2,072 SF

      Move-In Ready Palmdale Office Space

      Multiple suites available in Palmdale, CA, ready for occupancy.
      4621 S Avenue, Palmdale, CA 93552
      View Details
    • $1.95 SF/Yr
      3,840 SF

      Palmdale Retail Space Available

      Retail space for rent in Palmdale, California.
      37926 47th St. East, Palmdale, CA 93552
      View Details
    • $1.00 SF/Yr
      200-200 SF

      SIERRA HIGHWAY BUSINESS PLAZA FOR OFFICES, FLEX

      Multi-tenant complex with retail, office, warehouse, and flex spaces.
      190 Sierra Ct, Palmdale, CA 93550
      View Details
    • $450/Mo
      1,000 SF

      Office Space in Palmdale Center

      Desk for rent in Palmdale shopping center, internet included.
      533 E Palmdale Boulevard, Palmdale, CA 93550
      View Details
    • $8,000/Mo

      Iconic Restaurant Location For Lease

      Established restaurant location with high traffic and proven success.
      553 Sierra Hwy, Palmdale, CA
      View Details
    • $29 SF/Yr
      3,057 SF

      Retail Space For Rent

      Single tenant retail space available for lease.
      202 E Palmdale Blvd, Palmdale, CA 93550
      View Details
    • $2.00 SF/Yr
      10,000 SF

      Palmdale Medical Office Space

      New medical office space for lease in Palmdale, CA.
      635 Commerce Avenue, Palmdale, CA 93551
      View Details
    • Contact for pricing
      44,419 SF

      New Retail Center For Lease

      New 44,419 SF retail center in high-growth Palmdale, CA.
      Rancho Vista Blvd. &, 15th St W, Palmdale, CA 93551
      View Details

    FAQs

    What type of property is this?
    Office units - Office suites available for lease in Palmdale, California.
    Where is this office units located?
    The property is located at 38660 Medical Center Dr. Palmdale, CA.
    What are key features of this property?
    This property features: Multiple suites available, offering flexibility in space selection (ranging from 2,130 SF to 7,153 SF).; Suite A300 offers the largest available space at **7,153 SF**.; Suite A100 offers a substantial space of 6,747 SF.
    (951) 276-3685
    We can help!
    Listing Contact
    Joseph Pierik
    Joseph Pierik
    Real Estate License ID: CalDRE #02144961
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    38660 Medical Center Dr., Palmdale, CA 93551
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!