Specifications include, but are not limited to: The subject property is located at 39516 N. 30th Street East Palmdale, CA 93550, at the southeast corner of Avenue P and 30th Street East; The property consists of the following: • A 48,676 square foot industrial building that includes a 2,824 square foot Mezzanine. • 157,620 square feet (or 3.62 acres) of heavy manufacturing zoned land. • A main building with 42,175 square feet of shop/manufacturing area and 3,677 square feet of office space. • A mezzanine area with 1,869 square feet of office space and 955 square feet of lunchroom space. • Eighty-one parking stalls. • One loading dock with an 18-foot rollup door. • Two 30-foot-high roll up doors to allow freight truck access. • Two 7.5-ton cranes; • Site Rent: o Building (approximately 48,676 square feet) - $7.95 Per Square Foot Per Year o Land (approximately 157,620 square feet) - $0.14 Per Square Foot Per Year o Common Area Maintenance Charge (CAM) – Not Applicable o Initial Monthly Rent - $34,086.75 o Escalation provision- Rental rates are subject to an annual Consume Price Index adjustment, with a floor of 2% floor and ceiling of 7%. o Faithful Performance Guarantee – $102,261 (3 X monthly rent; rounded up)
