145 Panamint Ave, Ridgecrest, CA 93555

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145 Panamint Ave is an office property located in Ridgecrest, CA. The property currently has 1 office space for lease and is marketed by .

The Panamint Building is in the heart of Ridgecrest, with numerous restaurants and retail stores nearby.

The property is equidistant to the China Lake Naval Weapons Station and Cerro Coso College with a student body of 5000. The Naval Base is the premier land range and weapons development laboratory for the Department of the Navy. The Base is the leader in the development and testing of drones and other guided missiles as well as advanced weapons systems that provide support for our Naval, Joint, and Coalition forces. The base is 1 million acres in size. Ridgecrest is home to about 30,000 people but serves as the medical and retail center for the whole Southern Sierra region. An indication of the purchasing power in Ridgecrest is that McDonald's does over $4,000,000 in annual volume and the Walmart Supercenter has exceeded its goals from the day the store opened.

The Naval Base has a workforce of 4500 Naval personnel and defense contractors. In addition to that since there was an earthquake that destroyed buildings on the base, and since China Lake Naval Base is a mainstay of the US Defense System, Congress mandated a $3B reconstruction of the base. This work is underway and there is expected to be up to an additional 1500 construction workers for up to 5 years to complete this work. Once completed, the Base will have "state of the art" equipment and is expected to garner more than their share of military contracts.

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The property consists of a 3,500 Gross Square Foot building about 2/3 of which is occupied by DIRECTV for their Regional offices and warehouse....  show more »
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