2062-2072 W Avenue J - Restaurant FOR SALE


Lancaster, CA 93536
$4,250,000 USD
949-391-5670
2062-2072 W Avenue J, Lancaster, CA for Sale
$4,250,000 USD
Restaurant - FOR SALE
1/6
null | 7% Cap Rate

2062-2072 W Avenue J
Lancaster, CA 93536


HIGHLIGHTS

  • 100% Occupied, Restaurant Shops to Smart & Final Extra!
  • Long-Term Tenants with Multiple Lease Extensions; E-Commerce-Proof Daily Use Restaurants with Substantial Tenant Improvement
  • Antelope Valley Plaza is a 127,000 SF Dominant Neighborhood Shopping Center
  • Excellent Co-Tenancy: The shopping center is anchored by a new Smart & Final (opened in October 2023), along with CVS, dd’s DISCOUNTS, among others
  • Ideally Located at a Signalized, Hard-Corner Intersection of W Avenue J and 20th Street W: Over 58,800 vehicles per day at the intersection
  • Outstanding Freeway On-Ramp & Off-Ramp Access: New on-ramps and off-ramps under construction directly behind the subject property

OVERVIEW

100% Leased, Daily-Needs Multi-Tenant NNN Restaurants | High-Traffic Intersection With 58,800 CPD | Long-Term Tenants & Multiple Recent Lease Extensions

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$523 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops to Smart & Final Extra | Lancaster, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,343 SF

ZONING

LRC3DP*

APN/PARCEL ID

3123-005-050

ASK ABOUT THIS PROPERTY

Ayda KachinehHanley Investment GroupMore Info
949-391-5670

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ayda KachinehHanley Investment GroupMore Info
949-391-5670

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.