4165 W Avenue L - Bank FOR SALE


Lancaster, CA 93536
$2,450,000 USD
213-623-0800
4165 W Avenue L, Lancaster, CA for Sale
$2,450,000 USD
Bank - FOR SALE
1/7
null | 5.51% Cap Rate

4165 W Avenue L
Lancaster, CA 93536


HIGHLIGHTS

  • Strong Deposits: $124,591,000 (as of June 30, 2024)
  • Largest Amount Of Deposits Of Any Bank Branch Within The Zip Code
  • Drive-Thru ATM & Two 24/7 Walk-Up ATMs
  • Nearest Bank of America is Over 4.5 Miles Away
  • Absolute NNN Ground Lease Renewed To 2030
  • Located Within Quartz Hill Town Centre

OVERVIEW

4165 West Avenue L is a 4,422 SF freestanding building located in Quartz Hill, CA. Located within the Quartz Hill Towne Centre, the one-story building is occupied by national tenant Bank of America. Bank of America has occupied the building since 2005. The corporate guaranteed lease has been renewed until 2030, with (3) 5-Year Options at 95% of FMV. The building offers drive-thru access for visitors. Neighboring major tenants in the shopping center include CVS, Vons, Chase Bank, AutoZone, Subway & Del Taco. Ample parking is available onsite. The property is easily accessible via 42nd Street West, directly off West Avenue L. The property is just three miles west of the 14 Freeway. Quartz Hill Town Centre is highly visible and offers monument signage, multiple ingress/egress points and ample parking.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$490 USD /SF

CAP RATE

5.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bank of America

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

LCR1 10000

APN/PARCEL ID

3110-007-029

ASK ABOUT THIS PROPERTY

Matthew C. SullivanLee & AssociatesMore Info
213-623-0800

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Matthew C. SullivanLee & AssociatesMore Info
213-623-0800

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