Property Listing No Longer Available for Sale

1529 East Palmdale Blvd., Palmdale, CA

Office for Sale - $9,000,000 - 47,069 Sq. Ft.


Property Info

CIMLS#913406
Location
  1529 East Palmdale Blvd.
  Palmdale CA 93550
UpdatedFebruary 4th, 2018
TypeOffice
Price$9,000,000
Building47,069 Sq. Ft.

Property Description

High image 3 story, institutional/government office building in the heart of Palmdale. Recently renovated and occupied by several government uses as well as Antelope Valley Community College. Additionally includes hard corner pad perfect for retail or fast food with drive-thru.

Location Description:

Palmdale is a fast growing region of over 500,000 in population, located at the Northern edge of LA County. Aerospace capitol of the USA - home to Northrop Grumman, Lockheed Martin, Boeing, NASA, Space X, etc. Northrop Grumman recently won a $80B contract for the production of the new B21 Bomber in Palmdale.

Highlights:

>> Rapidly Growing Aerospace City in LA County

>> 3 Story Building with Tremendous Local Presence

>> Parked to Accommodate Medical & Educational Uses

>> 9% Cap Rate

>> Institutional & Government Tenants

>> Well Maintained with Recent Renovations

>> Corner Pad Included ideal for Fast Food / Drive-Thru

>> Under Market Rents

* This property also has spaces available for lease.


Financials


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