Palmdale Industrial Building For
For Sale
Contact for pricing
39415 8th St E, Palmdale, CA 93550
380,410 SF industrial building available for sale or lease.
Property Size380,410 SF
Price / SF$149
Days on Market1170
Property Features for 39415 8th St E
General Information
Standard status
Active
Size
380,410 SF
Total Parking Spaces
204
Property subtype
Industrial
Zoning
HI Zoning (Heavy Industrial)
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
CBRE LA
Listed By:
Craig Peters · License #CA 00409987
(818) 907-4616
Source:
Crexi
Added: Aug 4, 2023
Changed: Oct 7
Last Checked: Oct 14 at 8:54PM
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 LA
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 380,410 square foot industrial building is coming available in Palmdale. The property is suitable for warehouse and other commercial real estate uses.
Key Highlights
- 380,410 SF state‑of‑the‑art industrial building
- For sale or lease
- Coming available to Palmdale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,438,951
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$88,779,020
$88.8M
Cap Rate 7%
$63,413,586
$63.4M
Cap Rate 9%
$49,321,678
$49.3M
Market Conditions
NOI Build-Up for 380,410 SF
Gross rent
$6.71M $17.64/SF
− Vacancy
−$369.1K −$0.97/SF
EGI
$6.34M $16.67/SF
− OpEx
−$1.90M −$5.00/SF
NOI
$4.44M $11.67/SF
Area
Palmdale, CA
Vacancy
5.50%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$88,779,020
Cap Rate 7%
$63,413,586
Cap Rate 9%
$49,321,678
Alternative Uses
Best Use
Warehouse
$77.00M
$67.38M – $89.84M
NOI $5,390,155 @ 7.0% cap · market cap 9.51%
Second Best
Industrial
$63.41M
$55.49M – $73.98M
NOI $4,438,951 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$160.62M
$140.54M – $187.39M
NOI $11,243,581 @ 7.0% cap · market cap 19.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Balanced
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- 661streetscene inc — 38526 6th St E, Palmdale, CA 93550
- SecurCare Self Storage — 38963 Sierra Hwy, Palmdale, CA 93550
- A To Z Storage — 39005 8th St E, Palmdale, CA 93550
- AV Self Storage — 850 E Ave P8, Palmdale, CA 93550
Frequently Asked Questions
What type of property is this?
Warehouse - 380,410 SF industrial building available for sale or lease.
Where is this warehouse located?
The property is located at 39415 8th St E Palmdale, CA.
What is the asking price?
The asking price for this property is $56,681,090.
What are key features of this property?
This property features: 380,410 SF state‑of‑the‑art industrial building; For sale or lease; Coming available to Palmdale
