Published on: Friday, November 15, 2024
Updated on: Friday, November 15, 2024
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About the Lister
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Name: Houmehr ¨Mike¨ Panoussi
Company: Liberty Business Advisors
Office Phone: 661-816-1141
Cell Phone: 661-816-1141
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Financing  Business  Material
  Splendid Medical Office
44143 20th St W Lancaster California , 93534
44143 20th St W Lancaster California                                                                                          , 93534Liberty Business Advisors
Listing ID: CL-California-12784

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-California-12784
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1985
Building Size: 12,288.00 SqFt
Lot Size: 40,507.00 SqFt.
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Prime Commercial Property for Sale - Excellent Location and Investment Opportunity Location! Location!! Location!!! This exceptional property is strategically located on the high-traffic 20th Street West, just half a block from the 14 Freeway, offering outstanding visibility and signage opportunities.
Complete Details
Year Build: 1985
Building Size: 12,288
No of Stories: N/A
Total Lot Area: 40507 SqFt.
No of Parking: N/A
No of Total Units: 2
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Property Highlights: Versatile Space: The available vacant space features a well-designed layout, perfectly suited for office or medical use, ready for immediate occupancy or leasing. Ample Parking: Plenty of parking spaces are available to accommodate your needs. Tenant Information: Currently, CENTURY 21 Yarrow & Associates occupies approximately half of the building and will vacate by August 31st, 2024. Long-Term Lease Income: Crown Castle has leased a portion of the land behind the building for a wireless tower, with a lease commitment expiring on December 31st, 2028. Following this, the current owner will begin collecting rental income until December 31st, 2098, including all options to renew. Additionally, Crown Castle has signed a new lease for an additional 77 sqft at the front of the building for a rental rate of $2,500 per month, which aligns with the terms of the original lease. Location Benefits: Proximity to Key Amenities: The property is located close to Antelope Valley Hospital, CVS, and directly across the street from Home Depot. Future developments, including a new hospital, are pending approval, which could significantly increase property values in the surrounding area. For more information, please visit the City of Lancaster's website under the Health District Plan Area: PURPOSE & INTENT for new hospital https://www.cityoflancasterca.org/ and or online under Health District Plan Area in Lancaster.
Additional Properties
Property Highlights
  • This versatile space is ideal for a wide range of professional uses, including:
  • Medical or Dental Offices
  • Dialysis Center
  • Adult Day Care
  • CPA or Law Firm
  • Executive Office Space
  • Veterinary Hospital
  • Courier Schools, and more.
  • Surgery center and many more
  • Important Note: Buyers are advised to conduct their own investigations and not rely solely on the information provided here.
Features
  • APN 3123-005-041
Listing Location
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