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Government Leased Office For Sale 42225 W 10th St

23,056 SF 100% Leased Office Building Lancaster, CA 93534 $6,999,000 ($304/SF) 5.50% Cap Rate

Investment Highlights

  • Government Leased Office Building
  • Professionally Managed
  • Public Transport Same Side of Street
  • Long Term Credit Tenants
  • Signalized Intersection

Executive Summary

Commercial Brokers Group is pleased to present this incredible opportunity to acquire a Government Leased office building in north Los Angeles County. The anchor tenant is Social Security Administration (SSA) occupying 66% of the building. SSA is a long term sticky tenant serving the entire greater Antelope Valley from this location since 2017.
Inquire for full Lease & Financial Detail

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
23,056 SF
Building Class
C
Year Built
2004
Price
$6,999,000
Price Per SF
$304
Cap Rate
5.50%
NOI
$385,082
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
23,056 SF
Building FAR
0.27
Land Acres
1.95 AC
Zoning
C - Commercial
Parking
111 Spaces (4.81 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Public Administration
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Social Security provides financial protection for the nation’s people, supporting Americans throughout all of life’s journeys. They administer retirement, disability, survivor, and family benefits, and enroll individuals in Medicare. They also provide Social Security Numbers, which are unique identifiers needed to work, handle financial transactions, and determine eligibility for certain government services. Social Security provides retirement income for almost every American worker. They also administer Supplemental Security Income (SSI) to some individuals over a certain age who have limited income and resources. With retirement, disability, and survivors benefits, Social Security is one of the most successful anti-poverty programs in the nation's history. Social Security is committed to helping maintain the basic well-being and protection of the people they serve. They pay benefits to millions of people including retirees, children, widows, and widowers.

  • Finance and Insurance
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

As your Financial Advisors, they will spend the time to understand your financial concerns and work with you to develop a customized investment program that we believe can best meet your needs. As their relationship builds over time, they will endeavor to anticipate your changing circumstances and help advise you on appropriate investment strategies. They look forward to serving your long-term investment needs.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Public Administration - $9.99 Lorem Ipsum Jan 0000
Finance and Insurance - - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3109-024-053
Land Assessment
$3,377,435
Improvements Assessment
$3,216,605
Total Assessment
$6,594,040
  • Listing ID: 33233907

  • Date on Market: 9/19/2024

  • Last Updated:

  • Address: 42225 W 10th St, Lancaster, CA 93534

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