1226 Commerce Center Dr, Lancaster, CA 93534

This exceptional investment opportunity presents a 23,404-square-foot freestanding retail building located at 1226 Commerce Center Dr, Lancaster, CA 93534. The property boasts a 7.25% cap rate and a strong net operating income (NOI) of $259,050, with a long-term, single-tenant net lease (NNN) to a credit-rated, corporate-guaranteed tenant, The Hope of the Valley Thrift Store, extending until August 31, 2031, with a 5-year renewal option. The tenant occupies the entire building at 100% occupancy. The property features 120+ linear feet of frontage along CA Highway 14, benefiting from high daily traffic counts exceeding 177,500 vehicles. Built in 2020, the building is well-maintained with minimal deferred maintenance. The lease includes annual rent bumps, providing built-in income growth. The current rent is below market rate at $0.92 per square foot. Situated on a 1.95-acre lot, this property is surrounded by a thriving retail environment, including national and regional retailers such as Target, 24 Hour Fitness, and many others. The property benefits from a strong market with a growing population and high average household incomes within a 3- and 5-mile radius. This is an ideal investment for passive investors seeking a secure, high-yield, and low-maintenance asset with significant upside potential. The property's location and tenant strength make it a compelling investment opportunity. The Los Angeles County Assessor's Parcel Number (APN) is 312-502-1092.