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$5,195,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 40360 La Quinta
General
- Price: $5,195,000
- Status: Active
- Type: Business
- Source: MRMLS
- MLS ID: SR26096412
- Updated: 5/11/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Business
- Business Type: Auto Body
Rooms
Other Rooms
- Laundry: None
Additional Information
- Security/Safety: Fire Sprinkler System, Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- County: Los Angeles
- Driving Directions: Ave O & 10th St West
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Utility Description: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
Structural Information
- # Buildings: 1
- Construction: Stucco
- Roof: Other
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 20015
- Square Feet: 20,015
- Current Bldg. Use: Industrial
- Year Built: 2007
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 2.3463
- Useable Acres: 2.3463
- Lot Size (Sq. Ft.): 102,203
- Lot Size Source: Assessor
- Lot Dimensions: 2.35
- Fence: Yes
- Lot Features: 2-5 Units/Acre
- Lot Description: 2-5 Units/Acre
- Fencing (Description): Block
Financial Considerations
- Price Per Sq. Ft.: $259
Disclosures and Reports
- Property ID: 3005045003
Listed by Re/Max All-Pro, KennethTerracciano
Get Pre-Approved Today
Schools
Schools serving 40360 La Quinta
School Districts:Antelope Valley Union Joint High School District, Palmdale Elementary School District
| Name | Grades | Distance |
|---|---|---|
Summerwind Elementary School 39360 Summerwind Drive, Palmdale, CA 93551 | K-5 | 1.7 mi |
David G. Millen Intermediate 39221 22nd Street West, Palmdale, CA 93551 | 6-8 | 2.3 mi |
Highland High School, Palmdale, CA 39055 25th Street West, Palmdale, CA 93551 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40360 La Quinta
Date
Details
Price
Change
Source
5/11/2026
Listed
$5,195,000
724.6%
MLS
1/23/2006
Sold
$630,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40360 La Quinta
Year
Property Taxes
Change
Tax Assessment
Change
2025
$50,287
7%
$3,349,723
4%
2023
$47,073
4%
$3,219,651
2%
2022
$45,406
1%
$3,156,522
2%
2021
$44,775
1%
$3,094,631
1%
2020
$44,273
2%
$3,062,901
2%
2019
$43,581
2%
$3,002,845
2%
2018
$42,714
2%
$2,943,967
2%
2017
$42,070
7%
$2,886,243
2%
2016
$39,364
1%
$2,829,651
2%
2015
$39,148
1%
$2,787,148
2%
2014
$38,738
-1%
$2,732,552
—
2013
$38,947
—
$2,720,204
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40360 La Quinta
40360 La Quinta, Palmdale, CA 93551 (MLS# SR26096412) is a Business property. 40360 La Quinta is currently listed for $5,195,000 and was received on May 11, 2026. Want to learn more about 40360 La Quinta? Do you have questions about finding other Business real estate for sale in Palmdale? You can browse all Palmdale real estate or contact a Coldwell Banker agent to request more information.

