Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Planned Retail Development For Lease Title is generated by Realmo AI

    NEC Sierra Hwy @ Pearblossom Hwy, Palmdale, CA

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    New retail development with drive-thru and gas station pads for lease.

    Type:Retail
    Property size:
    88,605 SF
    Added:
    Nov 22, 2025
    Days on Market:
    191
    Last Refresh:
    May 19 at 10:30 pm

    Property Features for NEC Sierra Hwy @ Pearblossom Hwy

    General Information

    Standard status
    Active
    Size
    88,605 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Larry Tanji

    Listing agent Larry Tanji License #1027860

    Listing office

    Listing date Nov 22, 2025

    Source Cbre

    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 Larry Tanji

    HighLights

    • Signalized intersection location at Sierra Highway and Pearblossom Highway
    • New planned retail development
    • Fast Food Drive thru Pads available (Parcel A 37,703 SF; Parcel C 44,626 SF)
    • Gas Station with food mart and truck canopy (Parcel B 88,605 SF)
    • Drive Thru End Cap available (Parcel B 1,224 SF)
    • Estimated delivery 3rd Quarter 2022

    Overview

    This is a new planned retail development available for lease. It features fast food drive-thru pads on Parcel A (37,703 square feet) and Parcel C (44,626 square feet). Parcel B (88,605 square feet) is designated for a gas station with a food mart and truck canopy. Additionally, there is a drive-thru end cap available on Parcel B, offering 1,224 square feet. The development is located at the signalized intersection of Sierra Highway and Pearblossom Highway. Delivery is estimated for the 3rd Quarter of 2022.
    Location Intelligence

    Current Use by Public Records

    Gas stations

    Map

    City
    Palmdale
    County
    Los Angeles
    State
    California
    Longitude
    -118.116
    Latitude
    34.5794

    Nearby Similar for Lease

    • $8,000/Mo
      4,500 SF

      Iconic Restaurant Location Available

      High-traffic restaurant location with established reputation and full build-out.
      553 Sierra, Palmdale, CA 93550
      View Details
    • $1,700/Mo
      2,280 SF

      Versatile Commercial Space in Palmdale

      Flexible commercial units available for rent in Palmdale, CA.
      38128 6th Street, Palmdale, CA 93550
      View Details
    • $29 SF/Yr
      3,057-3,057 SF

      Turn-Key Auto Shop For Lease

      Automotive facility on Palmdale's main corridor, adjacent to In-N-Out.
      202 E Palmdale Blvd, Palmdale, CA 93550
      View Details
    • $550/Mo
      1,100 SF

      Palmdale Office Space For Rent

      Office space for rent in Palmdale shopping center.
      533 E Palmdale Boulevard, Palmdale, CA 93550
      View Details
    • $1.00 SF/Yr
      2,072 SF

      Move-In Ready Palmdale Office Space

      Multiple suites available in Palmdale, CA, ready for occupancy.
      4621 S Avenue, Palmdale, CA 93552
      View Details
    • $1.95 SF/Yr
      3,840 SF

      Palmdale Retail Space Available

      Retail space for rent in Palmdale, California.
      37926 47th St. East, Palmdale, CA 93552
      View Details
    • $1.00 SF/Yr
      200-200 SF

      SIERRA HIGHWAY BUSINESS PLAZA FOR OFFICES, FLEX

      Multi-tenant complex with retail, office, warehouse, and flex spaces.
      190 Sierra Ct, Palmdale, CA 93550
      View Details
    • $450/Mo
      1,000 SF

      Office Space in Palmdale Center

      Desk for rent in Palmdale shopping center, internet included.
      533 E Palmdale Boulevard, Palmdale, CA 93550
      View Details
    • $8,000/Mo

      Iconic Restaurant Location For Lease

      Established restaurant location with high traffic and proven success.
      553 Sierra Hwy, Palmdale, CA
      View Details
    • $29 SF/Yr
      3,057 SF

      Retail Space For Rent

      Single tenant retail space available for lease.
      202 E Palmdale Blvd, Palmdale, CA 93550
      View Details
    • $2.00 SF/Yr
      10,000 SF

      Palmdale Medical Office Space

      New medical office space for lease in Palmdale, CA.
      635 Commerce Avenue, Palmdale, CA 93551
      View Details
    • Contact for pricing
      44,419 SF

      New Retail Center For Lease

      New 44,419 SF retail center in high-growth Palmdale, CA.
      Rancho Vista Blvd. &, 15th St W, Palmdale, CA 93551
      View Details

    FAQs

    What type of property is this?
    Gas station - New retail development with drive-thru and gas station pads for lease.
    Where is this gas station located?
    The property is located at NEC Sierra Hwy @ Pearblossom Hwy Palmdale, CA.
    What are key features of this property?
    This property features: Signalized intersection location at Sierra Highway and Pearblossom Highway; New planned retail development; Fast Food Drive thru Pads available (Parcel A 37,703 SF; Parcel C 44,626 SF)
    (805) 288-4681
    We can help!
    Listing Contact
    Larry Tanji
    Real Estate License ID: 1027860
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    NEC Sierra Hwy @ Pearblossom Hwy, Palmdale, CA,
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!