Splendid Medical Office

Property Highlights: Versatile Space: The available vacant space features a well-designed layout, perfectly suited for office or medical use, ready for immediate occupancy or leasing. Ample Parking: Plenty of parking spaces are available to accommodate your needs. Tenant Information: Currently, CENTURY 21 Yarrow & Associates occupies approximately half of the building and will vacate by August 31st, 2024. Long-Term Lease Income: Crown Castle has leased a portion of the land behind the building for a wireless tower, with a lease commitment expiring on December 31st, 2028. Following this, the current owner will begin collecting rental income until December 31st, 2098, including all options to renew. Additionally, Crown Castle has signed a new lease for an additional 77 sqft at the front of the building for a rental rate of $2,500 per month, which aligns with the terms of the original lease. Location Benefits: Proximity to Key Amenities: The property is located close to Antelope Valley Hospital, CVS, and directly across the street from Home Depot. Future developments, including a new hospital, are pending approval, which could significantly increase property values in the surrounding area. For more information, please visit the City of Lancaster's website under the Health District Plan Area: PURPOSE & INTENT for new hospital https://www.cityoflancasterca.org/ and or online under Health District Plan Area in Lancaster.