44424 10 th Street West LANCASTER - LoopNet...Zoning LRC3 Use Code Office APN 3133-016-039 Taxes $8,125 Insurance $2,500 Electricity $10,800 Trash $2,577 Water $1,400 Pest $300 Repairs/Maint

1 of 13

DARIO SVIDLER | RICK TORRES

LANCASTER44424 10th Street West

$625,000Prime Office Building

2 of 13


Local Area

3 of 13


SUMMARY

RENT ROLL

ESTIMATED ANNUALIZED EXPENSES

Tenant Unit Size (sq. ft.) Rent

Care 1st Health Plan 1 3,150 $2,081

Beverly Rodgers & Sandra Butcher 2 850 $865

Foundation Labs 3 700 $635

Vacant - Proforma 4 1,154 $1,150

Utility Reimbursment $1,035

Per Month $5,766

Per Year $69,192

Projected Pricing $625,000

Price PSF $107

Price PSF (Land) $44

NOI $41,990

CAP 6.72%

Year Built 1959

Building Size 5,854 sq. ft.

Lot Size 14,214 sq. ft.

Zoning LRC3

Use Code Office

APN 3133-016-039

Taxes $8,125

Insurance $2,500

Electricity $10,800

Trash $2,577

Water $1,400

Pest $300

Repairs/Maint $1,500

Total $27,202

3 of 11


Financials

44424 10th Street West | Lancaster, CA 93534

4 of 13


Floor Plan | Beverly Rodgers, LMFT

Beverly Rodgers, LMFT

Licensed Marriage and Family Therapist

Type of Business: Counseling

Square Footage: 850 s.f.

5 of 13


Beverly Rodgers, LMFT

6 of 13


Floor Plan | Foundation Laboratory

Foundation Labroratory

Clinical Laboratory Services with over 50 office throughout Southern California

Type of Business: Medical Lab

Square Footage: 700 s.f.

7 of 13


Foundation Laboratory

8 of 13


Floor Plan | Care 1ST

CARE 1ST PRIMARY & URGENT CARE CENTER

General and Family Medicine, Pediatrics, Women’s Health and Pregnancy, routine and minor emergency care, etc.

Type of Business: Primary & Urgent Care

Square Footage: 3,150 s.f.

9 of 13


Care 1ST

10 of 13


Floor Plan | Available

Type of Business: VacantSquare Footage: 1,154

11 of 13


Available

12 of 13


Largest Area Employers

Military jobs dominate the scene in Lancaster, but there are plenty of job opportunities outside of service. Here's a list of some of Antelope Valley's largest employers and how many people they employ:

• Edwards Air Force Base, 11,990

• China Lake (Naval Air Weapons Station), 6,520

• Northrop-Grumman, 4,020

• Lockheed Martin Co., 3,000

• NASA Armstrong Flight Research Center, 1,218

• County of Los Angeles, 3,912

• Antelope Valley Hospital, 2,600

• Antelope Valley Union High School District, 2,500

• Other Public and Private Education Jobs, 8,808

• Kaiser Permanente, 1,030

• Antelope Valley Mall, 1,975

Lancaster

Source: http://socalleadingedge.org/industries/

Population • 120,783 population in 2000, according to the U.S. Census • 102.40 square miles • 1,180 people per square mile, among the highest densities for the

Antelope Valley but among the lowest densities for the county

Income • $56,069 median household income (2008 dollars), low for the

Antelope Valley but about average for the county. • The percentage of households earning $40,000 to $60,000 is high for

the county.

Education • 15.9% of residents 25 and older have a four-year degree, about

average for the Antelope Valley and about average for the county. • The percentages of residents 25 and older with a high school diploma

and some college education are high for the county.

Age • The median age is 31, young for the Antelope Valley but about

average for the county. • The percentages of residents ages 11 to 18 and 10 or younger are

among the county's highest.

Lancaster

Source: http://maps.latimes.com/neighborhoods/neighborhood/lancaster/

Demographics

Partners Trust Real Estate Brokerage & Acquisitions does not guarantee the accuracy of estimates, square footage, lot size, or other information concerning the condition or features of the property provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of that information through personal inspection with appropriate licensed professionals. All pro-formas, projections, assumptions and estimates are presented as a possible scenario; buyer, their agents and everyone else associated with the purchase of this property to rely on their own pro-formas, projections, assumptions and estimates. Svidler CalBRE# 01884474 | Torres CalBRE# 01946415 13 of 13

THEPARTNERSTRUST.COM

310.500.3301 [email protected] calbre# 01884474

DARIO SVIDLER

THEPARTNERSTRUST.COM

310.500.3935 [email protected]

calbre# 01946415

RICK TORRES

Documents

44424 10 th Street West LANCASTER - LoopNet...Zoning LRC3 Use Code Office APN 3133-016-039 Taxes $8,125 Insurance $2,500 Electricity $10,800 Trash $2,577 Water $1,400 Pest $300 Repairs/Maint