Listing Agency: Faris Lee Investments

Listed By: Jeff Conover · License #CA 01008195 Show Phone

Source: Crexi

Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 6:48PM

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Investment Insights

Based on property information with market context.

This retail space is identified as Hobby Lobby and contains 54,942 square feet. The offering is presented for sale and carries a stated 5.00% CAP rate.

The property is located at 40022 10th St W in Palmdale, California 93551.

Key Highlights

• 54,942 SF of retail space
• 5.00% CAP rate
• 40022 10th St W, Palmdale, CA 93551

Property Analytics

Property Profile

Current Use

Hobby Lobby (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Parking Lot & Garage 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.

Location Intelligence

Trade Area within ½ mile

14

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Large-format retail space identified with the Hobby Lobby name in Palmdale, California.

Where is this retail space located?

The property is located at 40022 10th St W Palmdale, CA.

What are key features of this property?

This property features: 54,942 SF of retail space; 5.00% CAP rate; 40022 10th St W, Palmdale, CA 93551