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45428 Trevor Ave

15,651 SF Industrial Building Lancaster, CA 93534 $2,400,000 ($153/SF) 7% Cap Rate

Investment Highlights

  • Move-in Ready, Freestanding Heavy Industrial Warehouse with heavy power on a large lot.
  • Incredible Opportunity to acquire a move-in ready, freestanding heavy industrial warehouse on a large lot with heavy power.
  • Flexible Layout: The warehouse can be divided into two units, offering the option to occupy one or both spaces.
  • Two Units with separate utility meters, easily convertible into a single space by removing a non-load bearing wall.
  • Easy Access: Multiple entry points, including two man-doors and a ground-level (GL) roll-up door at the front, plus two additional roll-up doors
  • High Accessibility: Multiple roll-up doors (front and rear) and man-doors in both suites for easy access.

Executive Summary

Incredible opportunity to acquire this move-in ready, freestanding heavy industrial warehouse on a large lot with heavy power! Located in Lancaster, California—an area that has experienced significant growth in recent years. Lancaster is seeing a rise of industrial activity due to job growth and consistently low unemployment rates, making this an attractive option for investors or business owners looking to capture the area’s economic expansion. This building is currently divided by a non-load bearing wall (which can be removed), this property accommodates either a single tenant or the option to occupy one unit and lease out the other. Both units feature HVAC-served office build-outs with a lobby, private offices, kitchenettes, office and shop restrooms, and a clear-span warehouse with high ceilings, front and rear roll-up doors, skylights, evaporative coolers, and suspended gas heaters. Conveniently located on Trevor Ave. near Ave. I, in the “North Valley Industrial” sector of Lancaster, the property consists of two suites:
Suite A (Fully Leased)totals approximately 7,825 square feet, offering about 1,607 square feet of office space, with the remainder as a clear-span warehouse featuring 19’ ceiling heights at its peak. The office portion includes full HVAC, drop ceilings, and a mix of tile and carpet floor coverings. The front door opens into a spacious lobby with an adjacent reception area. Additionally, there is a large break room, a private executive office with a window overlooking the warehouse floor, and a private restroom with a shower. Another restroom is located off the main lobby, and a third is situated in the warehouse. The warehouse also includes a private office and janitor’s closet. It is cooled by two evaporative coolers and heated by two suspended gas heaters. Access to the warehouse is easy, with two man-doors, a ground-level roll-up door at the front, and two additional roll-up doors at the rear.
Suite B (Available)  totals approximately 7,826 square feet, with around 763 square feet of office space and the remainder as a clear-span warehouse with 19’ ceiling heights at its peak. The office portion includes full HVAC, drop ceilings, and carpet floor coverings. The front door opens into a spacious lobby with an adjacent kitchenette area. This suite has a private restroom in the office area, as well as a second restroom in the warehouse. The warehouse features a large shop office with windows overlooking the warehouse floor. It is cooled by four evaporative coolers and heated by two suspended gas heaters. Access is convenient, with three man-door entrances, a roll-up door at the front, and a second roll-up door at the rear. There is also a knockout for a third roll-up door and man-door at the rear of the warehouse if needed.
The Lancaster area continues to grow at an exceptional rate, this warehouse property presents a unique opportunity to take advantage of the region's expanding industrial market. With job growth, low unemployment, and an increasing demand for warehouse space, this property is primed to meet the needs of businesses looking to establish or expand their presence in the area.

Data Room Click Here to Access

Property Facts

Price $2,400,000
Price Per SF $153
Sale Type Investment or Owner User
Cap Rate 7%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
Building Class B
Lot Size 0.89 AC
Rentable Building Area 15,651 SF
No. Stories 1
Year Built 2000
Tenancy Single
Parking Ratio 2.49/1,000 SF
Clear Ceiling Height 19 FT
No. Drive In / Grade-Level Doors 4

Amenities

  • 24 Hour Access
  • Front Loading
  • Skylights
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - 101
  • 7,800 SF
  • Industrial
  • Full Build-Out
  • 120 Days

Great warehouse and updated front office space. High ceilings. It is located on the main street. It offers front and back loading level doors and great employee and customer parking.

Space Size Space Use Condition Available
1st Fl - 101 7,800 SF Industrial Full Build-Out 120 Days

1st Fl - 101

Size
7,800 SF
Space Use
Industrial
Condition
Full Build-Out
Available
120 Days

1st Fl - 101

Size 7,800 SF
Space Use Industrial
Condition Full Build-Out
Available 120 Days

Great warehouse and updated front office space. High ceilings. It is located on the main street. It offers front and back loading level doors and great employee and customer parking.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3137-009-045
Land Assessment
$675,000
Improvements Assessment
$1,535,000
Total Assessment
$2,210,000

zoning

Zoning Code LRHI (Heavy Industrial (HI) Allows For all types of warehousing and distribution, Also any retail and service. Manufacturing)
LRHI (Heavy Industrial (HI) Allows For all types of warehousing and distribution, Also any retail and service. Manufacturing)
  • Listing ID: 33540428

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 45428 Trevor Ave, Lancaster, CA 93534

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