PLEASE SEE ATTACHED MARKETING PACKAGE FOR FULL DETAILS:
OFFERING SUMMARY: The signalized corner of Palmdale & Cobalt offer a possible drive-thru on a 25K cars/day location across from 3 schools with almost 4,000 students. Palmdale Rd, the 18 Freeway is the connector between Palmdale/Lancaster and the cities of Victorville, Hesperia & Apple Valley. Commercial expansion has been significant with the city granting 75% more commercial property permits just within the last year to keep up with the growing demand and population.
DEMOGRAPHICS: Over 3.3% yearly population growth. The average household income was estimated at over $74,000 within a 1 mile radius.
LEASE RATE: $100,000 Per Year NNN Ground Lease