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Established Lancaster Dealership Investment Property

45223 N 233rd St W, Lancaster, CA 93536

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For Sale

$2,200,000

Established John Deere dealership with new NNN lease and updates.

Type:Industrial

Lot size:

1.00 Acres

HighLights

Established John Deere tractor dealership provides a stable, reliable tenant.
New 5‑year NNN lease ensures a long‑term income stream.
Recent updates to the facility, including new HVAC condensers and roof repair.
Low‑headache investment property requiring minimal management effort.
Annual rent increases of 2.5% provide a hedge against inflation and increase ROI.
5.8% cap rate indicates a strong return on investment.

We can help!

Contact an agent

James Kelsey

Learn more

For Sale

$2,200,000

Established John Deere dealership with new NNN lease and updates.

Type:Industrial

Lot size:

1.00 Acres

Added:: Nov 28, 2025
Days on Market:: 221
Last Refresh:: Jul 2 at 11:11 pm

Property Features for 45223 N 233rd St W

General Information

Standard status: Active
Lot size: 1.00 Acres
Property subtype: Industrial

Building Details

Year Built: 1980

We can help!

Contact an agent

James Kelsey

Listing office Century 21 Masters

Listing date Nov 28, 2025

Source Elliman

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 Century 21 Masters

HighLights

Established John Deere tractor dealership provides a stable, reliable tenant.
New 5‑year NNN lease ensures a long‑term income stream.
Recent updates to the facility, including new HVAC condensers and roof repair.
Low‑headache investment property requiring minimal management effort.
Annual rent increases of 2.5% provide a hedge against inflation and increase ROI.
5.8% cap rate indicates a strong return on investment.

Overview

This investment property in Lancaster features an established John Deere tractor dealership. The real estate is for sale under a new 5-year NNN lease; the business itself is not for sale. The facility has been updated, including new HVAC condensers and roof repairs. The property offers a low-maintenance investment opportunity with annual rent increases of 2.5% and a cap rate of 5.8%.

Location Intelligence

Current Use by Public Records

Auto shops

Map

City: Lancaster
County: Los Angeles
State: California
Longitude: -118.583
Latitude: 34.8604

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For sale
Auto shops
CA
Lancaster
93536
45223 N 233rd St W

What type of property is this?

Auto shop - Established John Deere dealership with new NNN lease and updates.

Where is this auto shop located?

The property is located at 45223 N 233rd St W Lancaster, CA.

What is the asking price?

The asking price for this property is $2,200,000.

What are key features of this property?

This property features: Established John Deere tractor dealership provides a stable, reliable tenant.; New 5‑year NNN lease ensures a long‑term income stream.; Recent updates to the facility, including new HVAC condensers and roof repair.