38463 9th St E, Palmdale, CA 93550

Property Description

Discover this rare, hard-corner retail opportunity in Palmdale’s thriving commercial corridor. This single-story building offers 4,428 SQ FT of versatile space on a 0.11-acre lot, anchored at the intersection of Q-6 Avenue and 9th Street East with approx. 106' of frontage on Q-6 and 56' along 9th. Built in 1957, the property is subdivided into four tenant suites, but it is possible to split the vacant unit into two separate units. Currently, three units are under short-term leases, one of which is vacant, creating immediate cash flow with flexibility for repositioning or owner occupancy. Why this work? Flexible lease structure & value-add runway: Short-term leases allow repositioning, rent growth, or conversion to a single user. Owner-user optionality: Take over a portion or the entire building while allowing other suites to generate income. Zoning & classification: SP Transit Area / Urban Core zoning supports a variety of retail, service, food, or office hybrid users. Opportunity Zone status: Located inside a designated Opportunity Zone, adding potential tax benefits for qualified investment. Signage & branding exposure: Dual-street frontage gives maximum visibility and branding reach from two busy arterials. Strategic access: Minutes from Highway 14, with quick ingress/egress and connectivity to major arteries serving Palmdale, Lancaster, and the greater Antelope Valley. Built density, walkability & local demand: Surrounded by dense residential neighborhoods and major retail anchors; strong pedestrian traffic and market support. Walk Score “Very Walkable”: reinforces foot traffic potential. This is more than a passive hold; it’s a dynamic play. You can step in as an operator, or position for long-term passive income, or do both. Whether your focus is stable cash flow or capital growth, this asset gives you options. Investos: Request the OM for full rent roll, expense statements, lease abstracts, pro forma scenarios, and repositioning strategies. Owner-users: Interested in partial occupancy or controlling your commercial footprint? Let’s discuss delivery timing and hybrid usage.