44300 Lowtree Ave Lancaster, CA 93534
- Office buildings
- 16,653 SF
- 1.22 lot acres
Current Use by Public Records
- Mario Tamayo / Psychologist
- Applied Behavior Consultants / Special Education School
- Surya Vanguri / Social Worker
- Kishan Bevil / Social Worker
- SCV Counseling Center / Mental Health Clinic / Marriage Or Relationship Counselor
Property Details for 44300 Lowtree Ave
- Year built
- 1989
- Construction
- WOOD
- Lot size
- 1.22 lot acres
- Property size
- 16,653 SF
- Zone code
- LRC1DP*
- Property type
- Office buildings
- APN
- 3123-003-094
- APU
- 3123003094
Description
This exceptional investment opportunity presents a portfolio of three Class B office buildings totaling 26,252 square feet, situated on Lowtree Avenue in Lancaster, California. The portfolio boasts 100% occupancy across fourteen units, housing thirty tenants, including prominent names like Edward Jones and Farmers Insurance. Built in 1989, these single-story buildings are situated within the Centerpoint Business Park, a well-established commercial area. The property features a modified lease type with franchisee tenants. The portfolio's strong performance is reflected in its impressive 6.53% capitalization rate and a net operating income (NOI) of $261,354, with an asking price of $4,000,000. The property is zoned C-Commercial and is held under an LLC ownership structure, making it suitable for a 1031 exchange. The price per square foot is $152.37. This stabilized investment offers a compelling opportunity for investors seeking a high-performing, multi-tenant property in a desirable location. The addresses included are 44300, 44303, and 44345 Lowtree Avenue, Lancaster, CA 93534. The property is professionally managed.
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
- Lancaster
- County
- Los Angeles
- State
- California
- Longitude
- -118.154
- Latitude
- 34.6883
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
