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38454 5th St W
Palmdale, CA 93551

$7,030,783 USD

Medical For Sale  •  13,750 SF

Property Details

  • Property Type Medical
  • Total Building Size 13,750 SF
  • Lot Size 1.46 AC
  • Building Class B
  • Year Built 2016
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning PDC3
0 Transit Score
34 Walk Score

Highlights

Strong Corporate Guarantee from a Credit Tenant | DaVita Inc. (“DVA”) has current market cap of $8.86 Billion and controls 37% of the U.S. dialysis ma
Strategic Location | 13,750 sf build-to-suit property that sits on an oversized 1.46-acre parcel with 68 parking stalls is custom-designed for DaVita
Ideal Demographics | 130,000 people and $80,000 household income in a 5-mile radius and less than a mile from Palmdale Medical Center which has 184 st
Proximate to Major Freeway | Located on 5th St W and Palmdale Blvd., just off the 14 Freeway, which sees a combined 140,000+ VPD
Ease of Circulation | DaVita benefits from five different points of ingress/ egress, with immediate access to tow main thoroughfares, creating user fr
Fee Simple Ownership (Land and Building) | Depreciable Asset

Property Flyers

Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
DaVita Kidney Care 5/31/2031

Public Transportation

Commuter RailDriveWalkDistance
Palmdale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 4 min - 2.1 mi
Vincent Grade/Acton (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 7.4 mi
AirportDriveWalkDistance
Bob Hope 57 min - 48.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 68
Type: Surface
Included in Rent: Yes
Patrick Conway 818-907-4696 CBRE
Patrick Conway 818-907-4696 CBRE