$1,350,000 SALE
Office Bldg
13,031 SF
38424 10th St East
Palmdale, CA 93550

Tenth St Office!

Great Opportunity for Owner User or Investor! This offering consists of a 2 story, elevator served building currently demised into 11 suites! Parking on both the north and south sides with the north lot completely fenced with gated entrance! The center is currently apx. 63% occupied on m/m tenancies providing potential for a partial or total owner/user! Priced at just $104/sf, well below replacement costs, the project offers great upside potential!

Property Type Office Bldg
Year Built 1990
Level Number 2
Zoning C-D MX
Cap Rate Percentage 6.79
Listing ID EGNQ37
Style Office Bldg -General
Building Size 13,031 SF
Lot Size 23150 SF
Area Description

Area Description: Great Palmdale location just west of Antelope Valley College's new Palmdale Campus, close to City Hall and other office and retail uses with convenient freeway access just minutes away! This center is also in the State's "Opportunity Zone" where a wide range of tax incentives are available! For more information on these opportunity zones, go to https://opzones.ca.gov.

Region: North America

Region: Southern California

Region: Antelope Valley

Region: Palmdale

Region: Southwest America

Property Features
Parking Ratio: 3.2
Parking Places: 42
Area Demographics