44603 Trevor Ave
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44603 Trevor Ave
17,350 SF Retail Building Lancaster, CA 93534 $4,495,000 ($259/SF) 5.28% Cap Rate
Investment Highlights
- 2 Spray booths
- Truck high Bays
Executive Summary
Explore an outstanding investment opportunity in Lancaster, featuring nine APNs strategically located and anchored by premium tenant Caliber Collision. With a 7-year contract securing a 2% annual rent increase, this property offers substantial income stability. Comprising four buildings, including an office and a body shop equipped with truck-high bays and upgraded power, it seamlessly integrates with ample parking. Additionally, there's a specialized painting facility with two spray booths, a down draft, a side draft, and a professional mixing room, enhancing operational flexibility. The fourth building currently houses a detailing and car wash facility. Benefiting from a prime location that ensures easy access for clients and employees, along with dedicated parking, this property is poised for seamless business operations. Don't miss out on this exceptional investment opportunity!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Auto Repair
Building Size
17,350 SF
Building Class
B
Year Built
2001
Price
$4,495,000
Price Per SF
$259
Cap Rate
5.28%
NOI
$237,336
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.43 AC
Opportunity Zone
Yes
Zoning
LRLI*
Parking
36 Spaces (2.07 Spaces per 1,000 SF Leased)
Frontage
216 FT on Nugent
Amenities
- Bus Line
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Caliber Collision
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Caliber Collision | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,561,115 (2024) | |
| Land Assessment | $669,034 (2024) | Total Assessment | $2,230,149 (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$669,034 (2024)
Improvements Assessment
$1,561,115 (2024)
Total Assessment
$2,230,149 (2024)
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44603 Trevor Ave
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