Listed by The Collins Company Commercial Real Estate
$4,400,000
Big Box Retail - Former K-Mart - 88,103 SF
Details
Property Type Land, Retail
Sub Type Commercial, Shopping Center
Square Footage 328,442
Brand/Tenant Kmart
Price per SqFt $13
Year Built 1991
Acreage 7.540
Zoning C-2
Former Kmart Retail | 7+ acres | Freestanding Vacant Building
Marketing description
Freestanding Vacant Former Kmart Building 910 N. China Lake Blvd. in Ridgecrest, CA close to the China Lake Naval Base, Ridgecrest Regional Hospital, hotels and the soon to open Holiday Inn Express & Suites! Built in 1991, the property is situated on the main artery through this bedroom community that is home to the largest naval base in the U.S. (1.1 million acres). The base employs approx. 6,500 people. The site is also near the Ridgecrest Regional Hospital (500 employees), two hotels and a new hotel / casino scheduled for 2025. An adjacent Holiday Inn Express & Suites (1010 N. China Lake Blvd.) is now open. An additional pylon sign is available as well as a pad opportunity.
Investment highlights
- Higher education and income
- China Lake Naval Air Weapons Station nearby
- Captive-customer, low-competition market area
- Can demise to smaller space or expand
- Very large parking area - easy access
- Lease or purchase (all or part)
Listing Contacts
Listed by The Collins Company Commercial Real Estate
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