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Two-Tenant NNN Retail Property
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Contact for pricing
Pending

39212-39228 10th Street W, Palmdale, CA 93551

Corporate-signed leases support a grocery operator and bookstore within an established Palmdale retail center.

Property SizeContact for details
Days on Market143

Property Features for 39212-39228 10th Street W

General Information

Standard status Pending
Property subtype Retail
Occupancy 100%

Site & Location

Anchor Co-Tenants Target, Lowe's Home Improvement, Sprouts
Traffic Count 47,300 vehicles/day
Highway Access Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Patrick R. Luther, CCIM · License #01912215
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 9:01PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

This fee-simple retail asset at 39212-39228 10th Street W comprises a fully occupied two-tenant property leased to Smart & Final and Barnes & Noble. Both occupancies operate under corporate-signed NNN leases, with 7.6 years of weighted lease term remaining. The ownership includes both the land and building.

The property sits within Palmdale Marketplace, a 214,000 SF power center anchored by Target, Lowe’s Home Improvement, and Sprouts. It is positioned near the signalized intersection of 10th St. W. and Technology Dr., where combined traffic is reported at 47,300 vehicles daily. Direct on/off-ramp access to State Highway 14, which carries 89,000 VPD, supports regional accessibility.

The surrounding trade area includes the 1,000,000 SF Antelope Valley Mall, national retailers, Palmdale Regional Medical Center, an Amazon Distribution Center, and aerospace facilities. Within five miles, the area includes more than 127,800 residents, 37,500 employees, and 15+ hotels.

Key Highlights

  • 100% occupied, two‑tenant retail property leased to Smart & Final and Barnes & Noble
  • Fee‑simple ownership includes the land and building
  • Corporate‑signed NNN leases with 7.6 years of weighted term remaining

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Electrical Service Grocery & Convenience Store HVAC Service

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

47,300 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

977
Businesses Nearby

Demographics for 93551, CA

56,001
Population
17,940
Households
3.1
Avg Household Size
38
Median Age
30%
College-Educated
87%
High-School Grad
84.8 sq mi
ZIP Area
660
Density / Sq Mi
$110,850
Median Household Income
$55,882
Median Earnings
$2,263
Median Rent
$548,800
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
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Frequently Asked Questions

What type of property is this?
NNN property - Corporate-signed leases support a grocery operator and bookstore within an established Palmdale retail center.
Where is this nnn property located?
The property is located at 39212-39228 10th Street W Palmdale, CA.
What are key features of this property?
This property features: 100% occupied, two‑tenant retail property leased to Smart & Final and Barnes & Noble; Fee‑simple ownership includes the land and building; Corporate‑signed NNN leases with 7.6 years of weighted term remaining
(480) 221-4221 Call to check price and availability
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