STATUS: For Sale

190 Sierra Ct

190 Sierra Court, Palmdale, CA, USA
34.6394179,-118.1291834
Last Updated: August 30, 2024

LISTING AGENT

David Stratton

Associate
DRE #: 02034297

Multi-Tenant Industrial Complex Investment For Sale

ASKING PRICE:
$14,800,000
PRICE PER SQ.FT.
$168.18
TERMS:
Cash, Cash to New Loan
CAP RATE:
6.97%
LEASED
93%
NET OPERATING INCOME:
$1,030,942

PROPERTY SUMMARY

Stratton Commercial Real Estate is excited to present the Sierra Highway Plaza at 190 Sierra Ct in Palmdale, CA. This expansive 89,880 sq.ft. multi-tenant industrial complex, set on 10.16 acres of Aerospace Industrial zoned land, comprises three buildings constructed in 1987. With a historically stable occupancy rate and consistently over 90% leased for the last 5 years, this property presents a compelling investment opportunity. The industrial units feature convenient drive-thru truck doors, while all buildings are fully air-conditioned, insulated, and individually metered. The beautifully landscaped grounds further enhance the appeal of this meticulously maintained complex. For more information on this exceptional investment property, contact David Stratton today.
PROPERTY TYPE:
Flex
SUB TYPE
Flex
YEAR BUILT
1987
YEAR RENOVATED
-
BUILDING SQ.FT.
88000 SF
LOT SIZE:
258310 SF
GROUND LOADING
-
DOCK LOADING
-
TENANCY:
Single Tenant
PARKING
-
CLEAR HEIGHT:
-
ZONING:
-
APN(s):
3128-015-001
,
3128-015-002
,
3128-015-093

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UNITS / SUITES

Available Units

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Leased Units

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TRANSACTIONS

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Robert Stratton

CEO / President
DRE #01182000
EMAIL
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