190 Sierra Ct Palmdale, CA 93550-7607
- Manufacturing properties
- 98,385 SF
- 5.93 lot acres
Mar 26, 2025
Current Use by Public Records
- Subcool Control Heating & Air / Hvac Contractor
- American Business Machines / Copier Repair Service / Mailing Machine Supplier
- Healing Thoughts Psychological Services / Mental Health Service
- AskLundy.com / Medical Clinic
- Penny Lane Foster Families / Mental Health Clinic
Property Details for 190 Sierra Ct
- Year built
- 1987
- Construction
- TILT-UP CONCRETE
- Lot size
- 5.93 lot acres
- Property size
- 98,385 SF
- Zone code
- PDC5
- Property type
- Manufacturing properties
- APN
- 3128-015-002
- APU
- 3128015002
Description
This exceptional investment opportunity presents the Sierra Highway Plaza, a stabilized multi-tenant industrial complex located at 190 Sierra Ct, Palmdale, CA 93550. The property encompasses 89,880 square feet of rentable space across three single-story buildings situated on a 10.16-acre lot. Built in 1987 and zoned C5, the complex boasts a 93.5% occupancy rate with 93 tenants under gross leases. The diverse tenant mix includes executive office, flex, and warehouse spaces, providing a stable income stream. Key features include 27 drive-thru loading doors, 18-foot ceiling heights, and fully air-conditioned, insulated, and individually metered units. The property's strong performance is reflected in its 7.00% cap rate and $150.20 per square foot price. The net rentable area is 86,048 square feet. Rent bumps are in place, ensuring future income growth. This meticulously maintained property, with its attractive landscaping, presents a compelling investment opportunity in a prime Los Angeles County location. The Los Angeles County Assessor's Parcel Numbers (APN) are 3128-015-001 and 3128-015-002. The asking price for this stabilized investment is $13,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palmdale
- County
- Los Angeles
- State
- California
- Longitude
- -118.129
- Latitude
- 34.6396
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
