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385 Grand Cypress Avenue

Off-Market

385 Grand Cypress Avenue, Palmdale, CA 93551

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 54,000 Sqft
  • Lot Size 5.45 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2005

Location

  • City Palmdale, CA
  • Zip Code 93551
  • Market Los Angeles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Palmdale

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Palmdale Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $26.32
  • 2020 Office Vacancy Rate 18.11%
  • 2020 Office Completions (Sqft) 31,000
View more Palmdale market trends

Tax

  • Property Tax in 2021-2022 $64,829
  • Market Value $5,360,000
  • Assessed Value $5,360,000

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 385 Grand Cypress Avenue?

385 Grand Cypress Avenue totals 54,000 square feet.

When was this property built?

385 Grand Cypress Avenue was built in 2005.

What is the property tax for 385 Grand Cypress Avenue?

The property tax for 385 Grand Cypress Avenue in 2021-2022 was $64,829.

What is the market value for 385 Grand Cypress Avenue?

The market value for 385 Grand Cypress Avenue in 2021-2022 was $5,360,000.

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