NNN-Leased Grocery
For Sale
Contact for pricing
Pending
815 E Ave K, Lancaster, CA 93535
NNN lease structure and grocery-anchor positioning within Challenger Center define the property’s commercial profile.
Property SizeContact for details
Days on Market143
Property Features for 815 E Ave K
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Corner Location
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Major Properties
Listed By:
Daniel Moussazadeh · License #CA 02058572
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 31 at 6:00PM
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 Major Properties
Investment Insights
Based on property information with market context.
This grocery and convenience store property is occupied by Vallarta Supermarkets under an NNN lease structure. It serves as the grocery anchor within Challenger Center, a broad retail area comprising several shopping centers along Challenger Way. The center is managed by DML Property Management, which oversees CAM/NNN costs.
The property is located at 815 E Avenue K in Lancaster, at a signalized intersection with Challenger Way. Avenue K connects through the city and intersects State Route 14, also known as the Antelope Valley Freeway. Local improvements along Avenue K include widening to three lanes in each direction, new bike lanes, and intersection upgrades between 10th Street West and 20th Street West.
Other businesses identified within the center include Walgreens, McDonald’s, Starbucks, Weinerschnitzel, Supercuts, Upper Crust, Subway, Cricket Wireless, and La Michocana; these tenants are not part of the offering.
The property is located at 815 E Avenue K in Lancaster, at a signalized intersection with Challenger Way. Avenue K connects through the city and intersects State Route 14, also known as the Antelope Valley Freeway. Local improvements along Avenue K include widening to three lanes in each direction, new bike lanes, and intersection upgrades between 10th Street West and 20th Street West.
Other businesses identified within the center include Walgreens, McDonald’s, Starbucks, Weinerschnitzel, Supercuts, Upper Crust, Subway, Cricket Wireless, and La Michocana; these tenants are not part of the offering.
Key Highlights
- Vallarta Supermarkets occupies the property as the grocery anchor for Challenger Center
- NNN lease structure with CAM/NNN costs overseen by DML Property Management
- 815 E Avenue K at the signalized intersection of Avenue K and Challenger Way
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93535, CA
82,149
Population
23,917
Households
3.4
Avg Household Size
31
Median Age
14%
College-Educated
78%
High-School Grad
239.0 sq mi
ZIP Area
344
Density / Sq Mi
$65,989
Median Household Income
$41,834
Median Earnings
$1,650
Median Rent
$336,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - NNN lease structure and grocery-anchor positioning within Challenger Center define the property’s commercial profile.
Where is this grocery and convenience store located?
The property is located at 815 E Ave K Lancaster, CA.
What are key features of this property?
This property features: Vallarta Supermarkets occupies the property as the grocery anchor for Challenger Center; NNN lease structure with CAM/NNN costs overseen by DML Property Management; 815 E Avenue K at the signalized intersection of Avenue K and Challenger Way
