Single-Tenant Auto Collision
40360 La Quinta Ln Palmdale, CA 93551
40360 La Quinta Ln, Palmdale, CA, 93551
$5,195,000
For Sale
$5,195,000
Single-tenant industrial collision repair building with specialized paint and refinishing improvements and a secured yard.
Property Size18,970 SF
Lot Size2.35 Acres
Price / SF$273.85
Days on Market72
Property Features for 40360 La Quinta Ln
General Information
- Standard status
- Active
- Size
- 18,970 SF
- Lot size
- 2.35 Acres
Listing agency
Re/Max All-Pro
(661) 945-9461
Listed by
Kenneth Terracciano · License #01254688
(661) 945-9461
Source
Exprealty
Added: May 11 Updated: Jul 20 at 6:14PM Checked: Jul 20 at 6:14PM
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 Re/Max All-Pro
Investment Insights
Based on property information with market context.
This single-tenant net leased industrial automotive facility is occupied by Caliber Collision and is configured for collision repair operations. The property includes an approximately 18,970-square-foot specialized collision repair facility with repair bays, office and customer reception space, secured storage, and automotive service components, along with paint and refinishing infrastructure designed for long-term use.
The site includes approximately 2.35 acres and offers secured yard space intended to support automotive and fleet activity. The offering also mentions strong frontage, visibility, and accessibility, with the property positioned near Highway 14 and major Antelope Valley transportation routes.
A modified NNN lease is described with 2% annual rent increases and a corporate guaranty. The lease extends through February 2028 with one additional five-year extension option, and the tenant reimburses property taxes while the ownership retains limited structural responsibilities. The remarks also note a potential expansion area that may support additional development, subject to buyer verification, approvals, and permitting.
The site includes approximately 2.35 acres and offers secured yard space intended to support automotive and fleet activity. The offering also mentions strong frontage, visibility, and accessibility, with the property positioned near Highway 14 and major Antelope Valley transportation routes.
A modified NNN lease is described with 2% annual rent increases and a corporate guaranty. The lease extends through February 2028 with one additional five-year extension option, and the tenant reimburses property taxes while the ownership retains limited structural responsibilities. The remarks also note a potential expansion area that may support additional development, subject to buyer verification, approvals, and permitting.
Key Highlights
- Single‑tenant net leased industrial collision repair facility occupied by Caliber Collision at 40360 La Quinta Ln, Palmdale
- Approximately 18,970 SF collision repair building on approximately 2.35 acres with secured yard space for automotive and fleet operations
- Specialized improvements include paint and refinishing infrastructure, repair bays, office/customer reception, and secured storage
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $489.4k | $25.80 |
| − Vacancy | −$26.9k | −$1.42 |
| EGI | $462.5k | $24.38 |
| − OpEx | −$138.8k | −$7.31 |
| NOI | $323.8k | $17.07 |
18,970 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.63M
$4.05M – $5.40M
NOI $323,755 @ 7.0% cap · market cap 6.23%
Second Best
Industrial
$3.16M
$2.77M – $3.69M
NOI $221,358 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$8.01M
$7.01M – $9.34M
NOI $560,686 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Caliber Collision
Auto Repair Shop
Squirty's Collision Center
Auto Repair Shop
Brand-It Glove Co.
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Centurion Towing & Recovery — 1309 w rancho vista blvd, palmdale, ca 93551
- Walmart Auto Care Centers — 40130 10th St W, Palmdale, CA 93551
- Knockout Customs — 39724 Country Club Dr, Palmdale, CA 93551
- Fix Auto Palmdale-La Quinta — 40222 La Quinta Ln Building B Suite 104, Palmdale, CA 93551
- Accurate Machine — 320 Grand Cypress Ave #502, Palmdale, CA 93551
FAQs
What type of property is this?
Auto shop - Single-tenant industrial collision repair building with specialized paint and refinishing improvements and a secured yard.
Where is this auto shop located?
The property is located at 40360 La Quinta Ln Palmdale, CA.
What is the asking price?
The asking price for this property is $5,195,000.
What are key features of this property?
This property features: Single‑tenant net leased industrial collision repair facility occupied by Caliber Collision at 40360 La Quinta Ln, Palmdale; Approximately 18,970 SF collision repair building on approximately 2.35 acres with secured yard space for automotive and fleet operations; Specialized improvements include paint and refinishing infrastructure, repair bays, office/customer reception, and secured storage
