Tenth St Office!
Great Opportunity for Owner User or Investor! This offering consists of a 2 story, elevator served building currently demised into 11 suites! Parking on both the north and south sides with the north lot completely fenced with gated entrance! The center is currently apx. 63% occupied on m/m tenancies providing potential for a partial or total owner/user! Priced at just $104/sf, well below replacement costs, the project offers great upside potential!
Property Type | Office Bldg |
---|---|
Year Built | 1990 |
Level Number | 2 |
Zoning | C-D MX |
Cap Rate Percentage | 6.79 |
Listing ID | EGNQ37 |
MLS ID | XHH-587R |
Style | Office Bldg -General |
Building Size | 13,031 SF |
Lot Size | 23150 SF |
Area Description: Great Palmdale location just west of Antelope Valley College's new Palmdale Campus, close to City Hall and other office and retail uses with convenient freeway access just minutes away! This center is also in the State's "Opportunity Zone" where a wide range of tax incentives are available! For more information on these opportunity zones, go to https://opzones.ca.gov.
Region: Antelope Valley
Region: Southern California
Region: North America
Region: Palmdale
Region: Southwest America
Parking Ratio: | 3.2 |
Parking Places: | 42 |