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Property profile & analytics
OFF-MARKET
Office Spaces

340 Avenue I Lancaster, CA 93535

27,592 SF Built 1988
Property ID
Property summary
AI-generated overview

This single-story, 27,592 square foot Class B office building, constructed in 1988, is ideally situated in Lancaster, CA's Antelope Valley submarket at 340 E Avenue I, near the intersection of 3rd Street East. The property features a total of two suites, with 13,000 square feet currently vacant. Units are divisible to a minimum of 2,600 square feet, with a maximum contiguous space of 13,000 square feet available. Larger tenants may combine units for up to 15,600 square feet. The building boasts excellent visibility and ample parking, with a ratio of 5.35 spaces per 1,000 square feet. Zoned C (Commercial), this property benefits from high traffic counts on Avenue I (ADT 21,200). Its location across from the High Desert Regional Health Center (opened 2014) and the Department of Veterans Affairs Outpatient Clinic (opened 2015) provides exceptional access to a significant healthcare population and offers strong potential for medical or creative office uses. The property is suitable for multiple tenants or a single large occupant.

Property profile
Verified
Property type Office Spaces
Year built 1988
Total area 27,592 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lancaster VA clinic Medical Clinic
  • Lancaster Community Based Outpatient Clinic Medical Clinic
  • Meraki Studios (Bike/Boat/Book/etc) Store Photography Service
  • PATH - Supportive Services for Veteran Families (SSVF) Crisis Center Medical Clinic
  • La Iglesia En El Camino Lncst Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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