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Three-Tenant Retail Shopping Center
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44679 - 44765 Valley Central Way, Lancaster, CA 93536

Dominant three-tenant retail center anchored by national brands, with a vacant junior anchor suite and potential for a small pad.

Property Size137,553 SF
Price / SF$103.63
Days on Market59

Property Features for 44679 - 44765 Valley Central Way

General Information

Standard status Active
Size 137,553 SF
Property subtype Retail

Building Details

Year Built 1990
Tenancy Multi
Listing Agency: REZA Investment Group
Listed By: Aaron Bettencourt · License #CA 01194991
Source: Crexi
Added: Jun 3 Changed: Jul 10 Last Checked: Jul 31 at 12:29PM

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 REZA Investment Group

Investment Insights

Based on property information with market context.

Valley Central Collection is a dominant, three-tenant community retail investment opportunity with approximately 137,553 square feet of retail space. The center includes nationally recognized anchors Floor & Décor (opened 9/2025), Burlington, and Michaels, supporting a strong tenant mix for everyday shopping needs. The offering also includes a vacant 15,445 SF junior anchor suite, providing near-term repositioning or leasing flexibility. In addition, the property site has the ability to build a freestanding pad for a small food or service use, subject to requisite municipal and tenant approvals.

Located in the established Antelope Valley community of Lancaster, California, Valley Central Collection is positioned contiguous to a Walmart Supercenter (NAP) that anchors the broader Valley Central retail node and generates significant daily consumer traffic. The remarks also cite high-traffic activity from the surrounding retail environment, including other anchor tenants within the broader non-inclusive Valley Central Shopping Center such as Food 4 Less, Marshalls, Ulta Beauty, Five Below, Dollar Tree, PetSmart, Planet Fitness, Staples, and Chuck E. Cheese.

For buyers and investors, this center offers exposure to a concentrated national anchor lineup along with an identified vacancy for value-creation planning. For retailers and operators, the property’s existing anchor-driven traffic profile and the possibility of additional small-format food or service development can support businesses seeking a community-serving location in the Antelope Valley.

Key Highlights

  • Dominant three‑tenant retail investment in Lancaster, CA, built in 1990
  • Approximately 137,553 SF of retail space with national retailers Floor & Décor (opened 9/2025), Burlington, and Michaels
  • Includes a vacant 15,445 SF junior anchor suite for value creation

Property Analytics

Current Use

UPS Access Point ... Courier Service

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Law Firm Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

650
Businesses Nearby
Well-served
Demand for This Use

Demographics for 93536, CA

74,283
Population
24,407
Households
3
Avg Household Size
37
Median Age
27%
College-Educated
87%
High-School Grad
254.4 sq mi
ZIP Area
292
Density / Sq Mi
$102,927
Median Household Income
$58,484
Median Earnings
$1,946
Median Rent
$484,900
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
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Similar Off Market Nearby

  • Valley Central — 44400 Vly Central Wy, Lancaster, CA 93536
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  • 102 — 44950 Vly Central Wy, Lancaster, CA 93536
  • Coinstar Kiosk | Bitcoin ATM — Kroger - Food 4 Less, 44455 Vly Central Wy, Lancaster, CA 93536
  • Lancaster Marketplace — 44960 Vly Central Wy, Lancaster, CA 93536

Frequently Asked Questions

What type of property is this?
Shopping center - Dominant three-tenant retail center anchored by national brands, with a vacant junior anchor suite and potential for a small pad.
Where is this shopping center located?
The property is located at 44679 - 44765 Valley Central Way Lancaster, CA.
What is the asking price?
The asking price for this property is $14,255,000.
What are key features of this property?
This property features: Dominant three‑tenant retail investment in Lancaster, CA, built in 1990; Approximately 137,553 SF of retail space with national retailers Floor & Décor (opened 9/2025), Burlington, and Michaels; Includes a vacant 15,445 SF junior anchor suite for value creation
More about this property
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