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Vacant-User

1033 W Ave J

1033 W Ave J, Lancaster, CA 93534

Listing Price: $750,000

Cap Rate
6.58%
Gross SF
2,016
Rentable SF
2,016
Price/Gross SF
$372.02
Lot Size
0.27 acres
Year Built
1959

Investment Overview

Marcus and Millichap are pleased to present this 7-suite 2,016-square-foot commercial building located on an 11,761 square feet property. Located on one of the main arteries in the Lancaster area. Close to the Antelope Valley Hospital, Lancaster City Hall plus Banking and Shopping. An investment opportunity like this rarely comes on the market, and when it does, it is sold quickly. The property currently has long-term tenants. Most leases are month-to-month with the opportunity to implement new lease terms at the time of purchase.

Investment Highlights

  • Location, Location, Location
  • 7 Rental Suites
  • 100% Occupied
  • Strong Long-term Tenants
  • High Foot Traf?c and Visibility

Exclusively Listed By

Financing By

Vacant-User

1033 W Ave J

Listing Price: $750,000

Cap Rate
6.58%
Gross SF
2,016
Rentable SF
2,016
Price/Gross SF
$372.02
Lot Size
0.27 acres
Year Built
1959

Investment Highlights

  • Location, Location, Location
  • 7 Rental Suites
  • 100% Occupied
  • Strong Long-term Tenants
  • High Foot Traf?c and Visibility

Investment Overview

Marcus and Millichap are pleased to present this 7-suite 2,016-square-foot commercial building located on an 11,761 square feet property. Located on one of the main arteries in the Lancaster area. Close to the Antelope Valley Hospital, Lancaster City Hall plus Banking and Shopping. An investment opportunity like this rarely comes on the market, and when it does, it is sold quickly. The property currently has long-term tenants. Most leases are month-to-month with the opportunity to implement new lease terms at the time of purchase.

Exclusively Listed By

Financing By

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