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Shopping Strip

See's Candy Pad

1110 W Ave K, Lancaster, CA 93534

Listing Price: $8,037,000

Cap Rate
7.25%
Gross SF
12,800
Rentable SF
12,800
Price/Gross SF
$627.89
Lot Size
1.06 acres
Year Built
1984

Investment Overview

ATTRACTIVE YIELD AND NOI GROWTH
Built-in rent escalations ensure steady income growth throughout the investment hold period.

LOCATED AT ENTRANCE OF A HIGH-PERFORMING RETAIL POWER CENTER
Anchored by Target, the shops are located in the center of the city’s main retail corridor
surrounded by national credit retailers.

Investment Highlights

  • SEE'S CANDIES HAS BEEN A TENANT AT THIS LOCATION SINCE 1987
  • STABLE & DIVERSIFIED TENANT BASE - 60% OF GROSS LEASABLE AREA (GLA) LEASED TO STRONG NATIONAL CREDIT TENANTS Spectrum (Revenue: 41.5 B), Yoshinoya (Revenue: $8.12 B), See's Candies (Revenue: $410 M)
  • HEAVILY TRAFFICKED MAIN POINT OF DESTINATION The shops at the Lancaster Commerce Center are situated at the intersection of Avenue K & 10th Street, one of the area's busiest intersections (64,000 CPD)

Exclusively Listed By

Shopping Strip

See's Candy Pad

Listing Price: $8,037,000

Cap Rate
7.25%
Gross SF
12,800
Rentable SF
12,800
Price/Gross SF
$627.89
Lot Size
1.06 acres
Year Built
1984

Investment Highlights

  • SEE'S CANDIES HAS BEEN A TENANT AT THIS LOCATION SINCE 1987
  • STABLE & DIVERSIFIED TENANT BASE - 60% OF GROSS LEASABLE AREA (GLA) LEASED TO STRONG NATIONAL CREDIT TENANTS Spectrum (Revenue: 41.5 B), Yoshinoya (Revenue: $8.12 B), See's Candies (Revenue: $410 M)
  • HEAVILY TRAFFICKED MAIN POINT OF DESTINATION The shops at the Lancaster Commerce Center are situated at the intersection of Avenue K & 10th Street, one of the area's busiest intersections (64,000 CPD)

Investment Overview

ATTRACTIVE YIELD AND NOI GROWTH Built-in rent escalations ensure steady income growth throughout the investment hold period. LOCATED AT ENTRANCE OF A HIGH-PERFORMING RETAIL POWER CENTER Anchored by Target, the shops are located in the center of the city’s main retail corridor surrounded by national credit retailers.

Exclusively Listed By

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