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Sierra Highway Plaza

Off-Market

190 Sierra Court, Palmdale, CA 93550

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  • Property Type Office - General Office
  • Property Size 98,385 Sqft
  • Lot Size 5.93 Acre
  • Parking Spaces Avail. 236
  • Parking Ratio 2.40/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1987

Location

  • City Palmdale, CA
  • Zip Code 93550
  • Market Los Angeles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 15 Jun, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

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 $41,346
  • Market Value $3,434,045
  • Assessed Value $3,434,045

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

Frequently Asked Questions

What is the total square footage of Sierra Highway Plaza?

Sierra Highway Plaza totals 98,385 square feet.

When was this property built?

Sierra Highway Plaza was built in 1987.

When was Sierra Highway Plaza last sold?

Sierra Highway Plaza was last sold on 15 Jun, 2015.

What is the property tax for Sierra Highway Plaza?

The property tax for Sierra Highway Plaza in 2021-2022 was $41,346.

What is the market value for Sierra Highway Plaza?

The market value for Sierra Highway Plaza in 2021-2022 was $3,434,045.

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