NNN Leased Investment Opportunity

Description:

38420 5th Street West is a ±6,250 SF two-tenant NNN professional office property situated on a 27,049 SF parcel in West Palmdale.? The property is anchored by Social Vocational Services (SVS), an established Southern California organization with 80+ locations, providing the property with an established institutional-style tenancy.? SVS is state-funded and has shown their dedication to the site by renewing their initial 20-year lease early.?

The property is located within an established medical and professional corridor near Palmdale Regional Medical Center and surrounding medical office uses.? Its location just off Palmdale Boulevard and near the SR-14/SR-138 interchange provides convenient access throughout Palmdale, Lancaster and the greater Antelope Valley.?

The surrounding area combines established residential neighborhoods with a strong concentration of medical, professional, retail, restaurant and hospitality uses.? Multiple hotels are located along 5th Street West, including Holiday Inn, Home2 Suites and Embassy Suites, with the recently renovated DoubleTree by Hilton Palmdale located nearby.?

The property offers ±52 on-site parking spaces, providing an excellent parking ratio of approximately 8.3 spaces per 1,000 SF.? The Professional Building land use supports a range of professional office uses, including legal, insurance, real estate, business and related services.?

With established NNN tenancy, substantial on-site parking, proximity to Palmdale Regional Medical Center and convenient access to Palmdale Boulevard and the SR14/SR-138 interchange, 38420 5th Street West represents an established commercial investment opportunity in West Palmdale.?




 


Approx. 6,250 SF Professional Office Building
Sits on a 27,049 SF Lot
Two-Tenant NNN Property Anchored by Social Vocational Services (SVS)
SVS is State Funded & Operates More Than 80 Locations Throughout Southern California
Approximately 52 On-Site Parking Spaces
Professional Building Land Use Permitting Legal, Insurance, Real Estate, Business & Related Uses
Located on 5th Street West in an Established West Palmdale Medical & Professional Corridor
Near Palmdale Regional Medical Center & Surrounded by Established Medical Office Uses
Just Off Palmdale Boulevard & Near the SR-14 / SR-138 Interchange
Surrounded by Established Residential Communities, Medical Offices, Hotels, Restaurants & Retail
Multiple Hotels Along 5th Street West, Including Holiday Inn, Home2 Suites & Embassy Suites
Recently Renovated DoubleTree by Hilton Located Nearby on Palmdale Boulevard
Convenient Access to SR-14, Palmdale Boulevard, 5th Street West & Major Antelope Valley Routes
Strong West Palmdale Location Offering Convenient Access to Regional Employment, Residential & Commercial Areas

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