Accessibility from the Freeway to Center – The subject property is conveniently located next to the on-ramp and off-ramp to the Antelope Valley Freeway (HWY 14), which features over 25,525 CPD cars per day.
Great Frontage on Sierra Highway – Sierra Highway is situated along one of the main retail corridors for the trade area featuring over 31,500 CPD and is less than ¼ mile from several national tenants including Costco, 24-Hour Fitness, CVS, and other quick-service restaurants.
Attractive Assumable Loan – The center is encumbered by a favorable low interest rate (4.43%) loan that matures in September 2026 as well as a favorable LTV.
Mixed-Use Asset – The center offers a high range of mixed uses including retail, office, medical, financial/service-oriented businesses and self-storage, which helps draw in customers as well as a creates a diversified income stream.
Ample Parking – The center features underground and ground level parking for its customers.
Well-Below Replacement Cost – Sierra Crest is priced well-below replacement cost, priced at just $170 PSF. This allows investors to attract tenants with competitive rents for the area.
Excellent Transit Oriented Location – Additionally, the property is located less than ½ mile from the Via Princessa Metrolink Station, which is served by the Metrolink Antelope Valley Line from Los Angeles Union Station to Lancaster.