43545 13Th St Lancaster, CA 93534

This exceptional 47,176 square foot shopping center in Lancaster, CA, presents a compelling investment opportunity. Boasting a 7.00% cap rate and a low price per square foot of $237.81, this property is significantly below replacement cost. The center is 100% occupied by five strong corporate tenants: Ross, Big 5, and H&R Block, among others, providing a stable income stream with long-term leases. The property features a single, one-story building constructed in 1986 and renovated in 2021, situated on a 2.75-acre lot. The tenants benefit from a prime location in Los Angeles County, serving a substantial population within a 5-mile radius with an average household income exceeding $91,000. The investment is further strengthened by corporate guarantees and a strong credit rating (A2 Stable (Moody's) BBB+ Stable (S&P)). This fee-simple ownership opportunity offers significant upside potential with low rents and irreplaceable location. The property's Net Operating Income (NOI) is $785,311, making it an attractive addition to any portfolio. The asking price is $11,219,000.