1870 East Palmdale Boulevard

Shopping Center | 7-Eleven Anchored

1870 East Palmdale Boulevard
Palmdale, CA 93550

1870 E. Palmdale Boulevard is a 9,624 square foot strip center ideally situated on 33,541 square feet of land. Forty percent of the center is anchored by national tenants, 7-Eleven and Yum Yum Donuts. The seasoned tenant mix ideally caters to the surrounding tenants, and the well stabilized tenant roster has solid term remaining on the current leases with options. The average unit size is 1,193 square feet, and the spaces are ideal in their visibility and bay depth, all which eliminates downside risk and minimizes tenant improvement costs between tenants.

Property Highlights

  • Price - $3,500,000
  • Building - 9,624 SF
  • Lot - 33,541 SF
  • Current Cap Rate - 7.08%
  • Occupancy - 87.5%
  • 30-Day Escrow
  • All Cash | Multiple Offers
  • Represented Buyer & Seller
  • 17-Day Due Diligence Period
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