40360 La Quinta Lane
Palmdale, CA, 93551 $ 5,195,000
Bedrooms-- Baths-- Sq 18,970 Monthly Estimate*
$ 31,987
for $5,195,000. This 18,970 square foot building was built in 2007 on a lot size of 2.35.
Rare opportunity to acquire a high-quality single-tenant net leased industrial automotive investment occupied by Caliber Collision, one of the nation's leading collision repair operators, located at 40360 La Quinta Ln in Palmdale's expanding industrial corridor. The property features an approximately 18,970 SF specialized collision repair facility situated on approximately 2.35 acres with strong frontage, visibility, accessibility, and secured yard space ideal for automotive and fleet operations. The facility includes specialized improvements such as paint and refinishing infrastructure, repair bays, office and customer reception areas, secured storage, and automotive service components designed for long-term collision repair use. Strategically located near Highway 14 and major Antelope Valley transportation routes, the property benefits from continued residential, industrial, logistics, and aerospace growth throughout Palmdale and Lancaster. Caliber Collision operates under a modified NNN lease with 2% annual rent increases, providing steady NOI growth and increasing long-term cash flow. The lease is supported by a corporate guaranty and extends through February 2028 with one additional five-year extension option. Tenant reimburses property taxes, while ownership maintains limited structural responsibilities. In addition to stable passive income, the property offers future upside through a potential expansion area that may support approximately 8,000 additional SF of development, subject to buyer verification, approvals, and permitting. Utilities are reportedly extended to the site, offering potential for future tenant expansion and increased rental income. This offering combines stable income, annual rent growth, strong tenant presence, specialized industrial improvements, and future development potential, making it ideal for 1031 exchange buyers, private investors, and net leased investment groups seeking long-term stability and upside in a growing Southern California industrial market.
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FeaturesGeneralCooling Central Air
Utilities Natural Gas Available Electricity Available Public Water
Roof Tile
Zoning PDM4
Construction Materials Stucco
Year Built 2007
Stories Count 1
Property Subtype Industrial
Parcel Number 3005-045-003
County Los Angeles
Property Type Commercial Sale
Status Active
Directions Ave O & 10th St West
City Palmdale
MLS Area 01 - 110th W to I-5
Lot Size Units Acres
Lot Size Square Feet 102366.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 01 - 110th W to I-5
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
Water Body Access Y/N None
Accessibility Features Y/N None
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ExteriorLot Features Corner Lot
Water Source Public
Lot Size Area 2.35
Foundation Details Slab
Spa N
Building Area Total 18970.0
Lot Size Acres 2.35
Road Surface Type Public
Crops Included Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N Y
Total Baths 0
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* Excluded FeaturesList ByKenneth K TerraccianoListing Agent
kenytbroker@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $31,987
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Palmdale, CA
Average List Price $1,529,231
Percent of Sale Price 71%
About Palmdale, CA 156,667 Population
33% Since 2002
$ 53,003 Median Income
32 Median Age
44% Households with Children
Trends Information provided by ATTOM Data Solutions.
2189091 Elementary School
2189092 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/11/2026 | $5,195,000 | | Listed Price |