Retail Shopping Center for
43403 10th Street West Lancaster, CA 93534
43403 10th Street West, Lancaster, CA, 93534
Contact for pricing
For Sale
Contact for pricing
For-sale shopping center offering retail space in Lancaster, CA.
Property Size9,132 SF
Price / SF$535.48
Days on Market56
Property Features for 43403 10th Street West
General Information
- Standard status
- Active
- Size
- 9,132 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1992
Listing agency
Hanley Investment Group
Listed by
Ayda Kachineh · License #01462025
Source
Crexi
Added: May 29 Updated: Jul 22 at 3:08PM Checked: Jul 22 at 3:08PM
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 Hanley Investment Group
Investment Insights
Based on property information with market context.
This for-sale retail shopping center includes retail space within an approximately 9,132 square foot property. The offering is supported by a full memorandum available via the link provided in the public remarks.
The property is located at 43403 10th Street West in Lancaster, CA 93534.
The property is located at 43403 10th Street West in Lancaster, CA 93534.
Key Highlights
- Shopping center for sale in Lancaster, CA
- Built in 1992
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 | $230.1k | $25.20 |
| − Vacancy | −$13.8k | −$1.51 |
| EGI | $216.3k | $23.69 |
| − OpEx | −$64.9k | −$7.11 |
| NOI | $151.4k | $16.58 |
9,132 SF · lease $25.20/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.16M
$1.89M – $2.52M
NOI $151,423 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.87M
$2.51M – $3.35M
NOI $200,793 @ 7.0% cap · market cap 4.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flame Broiler
Restaurant
Kirk Roemer, DC
Alternative Medicine Practice
Cloud smoke shop
(Bike/Boat/Book/etc) Store
A V Chiro-Sport
Alternative Medicine Practice
Safelite AutoGlass
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
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FAQs
What type of property is this?
Shopping center - For-sale shopping center offering retail space in Lancaster, CA.
Where is this shopping center located?
The property is located at 43403 10th Street West Lancaster, CA.
What is the asking price?
The asking price for this property is $4,890,000.
What are key features of this property?
This property features: Shopping center for sale in Lancaster, CA; Built in 1992
