Property summary
This exceptional investment opportunity presents a single-tenant, 25,500 square foot CVS Pharmacy located at 2006 W Ave J, Lancaster, CA 93536. The property sits on a 1.66-acre lot and boasts a 100% occupancy rate with a credit-rated, corporate-guaranteed lease. The CVS Pharmacy, a prominent anchor tenant, generated nearly $20 million in sales last year, resulting in a remarkably low rent-to-sales ratio of 1.24%. This location is consistently ranked as the top-performing CVS in its trade… area and within the top 95th percentile nationally. The property benefits from a triple-net (NNN) lease structure and offers a current cap rate of 5.75% with a pro-forma cap rate of 10.72% achievable at market rent. The shopping center enjoys excellent co-tenancy with businesses such as Smart & Final, DD's Discounts, AT&T, Western Dental, and Supercuts, all of which are high-performing in their respective categories. The center experiences substantial foot traffic, with annual visits exceeding 1.5 million and year-over-year growth exceeding 33.5%. The property's strategic location at a signalized intersection of W Avenue J and 20th Street W sees over 58,800 vehicles daily, further enhanced by convenient freeway access. The strong demographics of the area, with over 167,000 residents within a 5-mile radius and an average household income exceeding $82,000, contribute to the property's exceptional performance. The lease includes a rare 10-year option extension, providing long-term security and investment stability. The asking price is $4,280,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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