2006 W Avenue J | Lancaster, CA 93536
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This Retail Property is no longer advertised on LoopNet.com.
2006 W Avenue J
Lancaster, CA 93536
CVS Pharmacy · Retail Property For Sale
Investment Highlights
- Single Tenant Absolute NNN CVS Pharmacy, with a 44-year operating history at this location
- Corporate guaranteed lease with CVS Pharmacy (NYSE: CVS; S&P BBB)
- Co-Anchor to Antelope Valley Plaza; a 127,000 SF Shopping Center: Co-tenants include new Smart & Final Extra, dd’s Discounts, & AT&T Wireless
- 6 years remaining on initial term lease with one 10-year option
- Below Market Rent; Tremendous Upside Potential: CVS is paying 50% of current market rent compared to similar spaces in the region
- 100-Acre Medical Main Street Redevelopment Project Adjacent to the Subject Property
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Drug Store
- General Retail Freestanding
- General Retail Movie Theatre
Building Size
25,500 SF
Year Built
1979
Building Height
1 Story
Building FAR
0.35
Lot Size
1.66 AC
Zoning
LRC3DP - Limited Retail
PROPERTY TAXES
Parcel Number | 3123-005-033 | Improvements Assessment | $495,288 |
Land Assessment | $1,051,933 | Total Assessment | $1,547,221 |
PROPERTY TAXES
Parcel Number
3123-005-033
Land Assessment
$1,051,933
Improvements Assessment
$495,288
Total Assessment
$1,547,221
Learn More About Investing in Retail Properties
Listing ID: 29629749
Date on Market: 9/26/2023
Last Updated:
Address: 2006 W Avenue J, Lancaster, CA 93536
The Retail Property at 2006 W Avenue J, Lancaster, CA 93536 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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