NWC Rancho Vista Boulevard & Division Street, Palmdale, CA
PRIME 13-ACRE COMMERCIAL AND RESIDENTIAL DEVELOPMENT SITE IN SOUTHERN CALIFORNIA
Marketing description
CBRE presents the opportunity to acquire and develop this Land Development Site located on Rancho Vista Boulevard in the heart of Palmdale, Los Angeles County, California. The approximately 13.76-acre site is Zoned PDC-2 which allows multiple commercial uses including retail, commercial, single-family homes, multi-unit residential, and assisted-living facilities. The property may be combined with an adjacent parcel to create a ±26-Acre planned development.
The Site is located off the Antelope Freeway (CA Hwy 14) and Rancho Vista Boulevard, adjacent to The Cottages, a neighborhood of energy-efficient single-family homes currently being constructed and sold by Beazer Homes, and Rancho Village Congregate Care facility owned and operated by Holiday Retirement. The site is near the entrance to Antelope Valley Country Club and Country Club Estates, an enclave of higher-end homes surrounding the golf course.The facility is positioned at the gateway to the higher-end residential areas of West Palmdale and east of Sierra Highway, while accessible to over 2,000,000 SF of retail including the enclosed Antelope Valley Mall. It is approximately 30 minutes north of San Fernando and Santa Clarita Valleys and less than one hour north of downtown Los Angeles. The recently opened $200 million state-of-the-art Palmdale Regional Medical Center is located less than 2 miles away.
Palmdale is a family-oriented community with a high quality of life and is the “Aerospace Capital of the World.” Aerospace and service-related jobs are anticipated to increase jobs in Palmdale by 35.8% over the next ten years. It is the fastest-growing city in Los Angeles County and among the fastest growing in the US by population.
Investment highlights
EXCELLENT LOCAL AND REGIONAL ACCESS
Located along Rancho Vista Boulevard within 1/4 mile of Antelope Valley Freeway (CA Hwy 14) access ramps
Central location between 10th Street West retail corridor and Sierra Highway
WIDE RANGE OF POTENTIAL USES AVAILABLE
Retail - Shopping Centers and Free-Standing Single Tenant
Housing - Single-Family Residential and Multi-Family for Rent or For Sale
Commercial - Office, Medical Office, or Flex
Senior Living - Independent, Assisted and Memory Congregate Care Facility
PROXIMITY TO REGIONAL RETAIL, HIGH-END HOUSING AND STATE OF THE ART HEALTHCARE FACILITIES
The Palmdale Regional Medical Center (157-bed) is approximately 2 miles south of the development site. The $200 million acute care hospital and medical center opened in December of 2010 and provides inpatient and outpatient surgery, cardiac services featuring a STEMI Receiving Center (heart attack), and a 35-bed 24-hour emergency department. More than 400 physicians are on the medical staff at the Medical Center
Located close to the Antelope Valley Mall (1.1M SF, 135+ stores), a regional enclosed mall featuring anchors Macy’s, Sears, Dillard’s JCPenney, Dick’s and Forever 21
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