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Target Supercenter 3-Tenant NNN Investment

1080 W Ave K, Lancaster, CA 93534

Listing Price: $2,400,000

Cap Rate
8.00%
Rentable SF
10,493
Lot Size
0.93 acres
Year Built
1987

Investment Overview

Marcus & Millichap is pleased to present 1080 W, Avenue K, a prime retail investment opportunity anchored by Burlington Coat Factory, in a Target Supercenter. This well-located property offers
a stable NNN lease structure with upside, complemented by a strong surrounding tenant mix of national and regional retailers.
Strategically positioned along Lancaster’s primary retail corridor, the asset benefits from high visibility, robust traffic counts, and immediate freeway access, providing both reliable income and long-term appreciation.

Investment Highlights

  • A unique Landlord-friendly lease feature under the Second Amendment of the Aaron's Lease allows the Landlord to reclaim ~1,200 - 1,500-sf of the 8,000-sf gross leasable area, with Aarons still paying
  • Strong demographic base with a growing population of 167,426 (2024) in Lancaster and 546,000 projected in the Lancaster–Palmdale metro area by 2025.
  • Steps from major retailers including Burlington, Target, Lowe's, WinCo Foods, Sprouts Farmers Market, and 24-Hour Fitness, with immediate access to I-14 (Antelope Valley Freeway) and the broader area.

Exclusively Listed By

Shopping Community

Target Supercenter 3-Tenant NNN Investment

Listing Price: $2,400,000

Cap Rate
8.00%
Rentable SF
10,493
Lot Size
0.93 acres
Year Built
1987

Investment Highlights

  • A unique Landlord-friendly lease feature under the Second Amendment of the Aaron's Lease allows the Landlord to reclaim ~1,200 - 1,500-sf of the 8,000-sf gross leasable area, with Aarons still paying
  • Strong demographic base with a growing population of 167,426 (2024) in Lancaster and 546,000 projected in the Lancaster–Palmdale metro area by 2025.
  • Steps from major retailers including Burlington, Target, Lowe's, WinCo Foods, Sprouts Farmers Market, and 24-Hour Fitness, with immediate access to I-14 (Antelope Valley Freeway) and the broader area.

Investment Overview

Marcus & Millichap is pleased to present 1080 W, Avenue K, a prime retail investment opportunity anchored by Burlington Coat Factory, in a Target Supercenter. This well-located property offers a stable NNN lease structure with upside, complemented by a strong surrounding tenant mix of national and regional retailers. Strategically positioned along Lancaster’s primary retail corridor, the asset benefits from high visibility, robust traffic counts, and immediate freeway access, providing both reliable income and long-term appreciation.

Exclusively Listed By

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