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Built-Out Restaurant with Banquet Space
For Lease
$8,000/Mo

553 Sierra, Palmdale, CA 93550

Established restaurant property with a commercial kitchen, bar, banquet facilities, and outdoor dining areas.

Space SizeContact for details
Days on Market14

Property Features for 553 Sierra

General Information

Standard status Active

Additional Details

Space Use Restaurant
Highway Access Yes
Patio Yes

Building Details

Year Built 1956
Listing Agency: Coldwell Banker Assoc.Brks-CL
Listed By: Gage Nelson · License #02248725
Source: Myfabuloushome
Added: Aug 15 Changed: Aug 28 Last Checked: Aug 25 at 5:47AM

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 Coldwell Banker Assoc.Brks-CL

Investment Insights

Based on property information with market context.

This restaurant property is configured for continued food-and-beverage operations, with a full commercial kitchen, dining room, bar, banquet facilities, and outdoor dining and entertaining areas. The premises also include an underground wine cellar, adding a distinct feature to the existing layout. The property was built in 1956 and has operated as a family-owned restaurant for more than 35 years.

The site is positioned between the 14 Freeway and Sierra Highway, with the Metrolink station directly across Sierra. Its established restaurant configuration provides a range of dining, event, and hospitality spaces within one property.

Key Highlights

  • Full commercial kitchen with dining room and bar
  • Banquet facilities and outdoor dining areas
  • Underground wine cellar

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Storage Facility Furniture & Home Goods Grocery & Convenience Store Computer & Electronic Repair Home Appliance Store Electrical Service

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby
Well-served
Demand for This Use

Demographics for 93550, CA

82,379
Population
23,965
Households
3.4
Avg Household Size
31
Median Age
10%
College-Educated
71%
High-School Grad
259.3 sq mi
ZIP Area
318
Density / Sq Mi
$63,811
Median Household Income
$34,287
Median Earnings
$1,573
Median Rent
$378,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant property with a commercial kitchen, bar, banquet facilities, and outdoor dining areas.
Where is this conventional restaurant located?
The property is located at 553 Sierra Palmdale, CA.
What is the lease rate?
The lease rate is $8,000/Mo.
What are key features of this property?
This property features: Full commercial kitchen with dining room and bar; Banquet facilities and outdoor dining areas; Underground wine cellar
More about this property
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