1040 Rancho Vis Blvd Palmdale, CA 93551-3932
- Auto shops
- 2,686 SF
- 0.51 lot acres
Current Use by Public Records
- Jiffy Lube / Car Repair And Maintenance Service / Tire Shop
Property Details for 1040 Rancho Vis Blvd
- Year built
- 2000
- Construction
- WOOD
- Lot size
- 0.51 lot acres
- Property size
- 2,686 SF
- Zone code
- LCM11/2-B2
- Property type
- Auto shops
- APN
- 3003-003-063
- APU
- 3003003063
Description
This exceptional investment opportunity presents a single-tenant, triple-net (NNN) leased retail property located at 1040 W. Rancho Vista Blvd, Palmdale, CA 93551, within Los Angeles County. The property boasts a substantial 2,686 square feet of retail space situated on a 0.45-acre lot. Currently operating at 100% occupancy, the property is secured by an 11-year remaining lease term, offering significant long-term stability for investors. The asking price is $2,483,420, representing an attractive 5.00% capitalization rate. This makes it an ideal addition to any diversified commercial real estate portfolio. The property's strong tenant base and prime location in Palmdale, California, contribute to its exceptional investment potential. The NNN lease structure minimizes landlord responsibilities, further enhancing the property's appeal to passive investors seeking a low-maintenance, high-return investment. This is a rare opportunity to acquire a well-established, high-performing retail property in a thriving market. The property's size and location make it suitable for a variety of retail uses, ensuring continued strong performance and potential for future appreciation. The long-term lease provides predictable cash flow, making this an attractive option for investors seeking a stable and reliable income stream. Detailed financial information is available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,520,000
- 6.5%
- $2,185,000
- 7%
- $2,300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,340,000
- Geo Method
- $2,610,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,730,000
- Retail
- $2,820,000
- Mixed-Use
- $2,385,000
- Hospitality
- $2,330,000
- Educational
- $2,135,000
- Residential Income
- $2,665,000
- Energy
- $2,475,000
- Income-Based Land
- $2,600,000
- Food Service
- $2,415,000
Location Insight
- Map
- Local Demand
- City
- Palmdale
- County
- Los Angeles
- State
- California
- Longitude
- -118.149
- Latitude
- 34.6014
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
