44143 20th St W Lancaster, CA 93534
Commercial property with high visibility, supplemental income, and versatile vacant space.
Type:Office
Property size:
12,288 SFPrice / SF:
$170/SF- Added:
- Aug 15, 2024
- Days on Market:
- 619
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 44143 20th St W
General Information
- Standard status
- Active
- Size
- 12,288 SF
- Property subtype
- Office
Building Details
- Year Built
- 1985
Listing agent Houmehr Mike Panoussi License #01853627
Listing office Liberty Business Advisors
Listing date Aug 15, 2024
Source Crexi
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 Liberty Business Advisors
Overview
High-Visibility Commercial Property For Sale
This commercial property is located on 20th Street West, near the 14 Freeway. The location offers exposure, freeway access, and signage visibility. The property features a layout suitable for office, medical, or professional use, and is ready for occupancy or leasing. On-site parking is available for staff, clients, and visitors. Recent capital improvements include new AC units, upgraded electrical wiring, remodeled interiors, and fresh interior and exterior paint. A fiber optic ground lease, executed 10/20/2023, generates $2,575 per month, escalating to $2,650 per month at the end of the month. The original lessor of a cell phone tower lease has previously assigned the rights to the lease payments to himself through 12/31/2028. The property is near Antelope Valley Hospital and CVS, and across from Home Depot, within a growth corridor benefiting from commercial and healthcare expansion. Future hospital development in the surrounding Health District Plan Area may enhance property values. Potential uses include medical or dental offices, a surgery center, dialysis center, adult day care facility, veterinary hospital, CPA or law firm, executive/professional offices, or educational/career training centers. The property size is 12288 square feet.
Location Intelligence
Current Use by Public Records
Joe Erazo Realty
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Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Los Angeles
- State
- California
- Longitude
- -118.1660923
- Latitude
- 34.6855532
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FAQs
What type of property is this?
Office building - Commercial property with high visibility, supplemental income, and versatile vacant space.
Where is this office building located?
The property is located at 44143 20th St W Lancaster, CA.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: Prime location on high‑traffic 20th Street West, near the 14 Freeway, Antelope Valley Hospital, CVS, and Home Depot; Supplemental income from a fiber optic ground lease generating $2,575 per month; Versatile vacant space suitable for office, medical, or professional use
