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20,015 sqft

$4,995,000

40360 La Quinta, Palmdale CA, 93551

Price per sqft$249.56
Built in2007
Property size20,015 sqft
Property typeCommercial
Listed by Kenneth Terracciano CA DRE# 01254688 with Re/Max All-Pro 661-726-4804

Overview

Active

Listed May 11, 2026

Updated Aug 5

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.

Additional information

MLS® ID
SR26096412

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
2.35 Acres
MLS provider logo

Listed by Kenneth Terracciano CA DRE# 01254688 with Re/Max All-Pro 661-726-4804

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/5/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/5/2026 at 3:31 AM UTC Last Checked: 3:31 AM UTC

 

 

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