David Graham Acquires Development Site In Barstow For $1.5M, Represented By Gabriel Talasazan Of Beverly & Company

The property involved in this transaction is a development site located at 2810 Lenwood Road in Barstow. It spans a lot size of 43,560 square feet and has a building square footage of 7,500. The property was sold for a price of $1,500,000, resulting in a price per square foot of $34.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $1,500,000
• Building Square Footage: 7,500
• Price per Square Foot: $34
• Lot Size: 43,560 square feet
• Market: Barstow

The buyer in this deal is David Graham, while the seller is Abe Zakaria. Acting as the broker for this transaction is Gabriel Talasazan from Beverly & Company. The transaction is notable for its dual representation, 120-day escrow period, and an all-cash payment.

This development site is strategically located near various popular retail tenants, including In and Out, Starbucks, Raising Canes, Chipotle, McDonald's, Panda Express, Dunkin Donuts, Jersey Mikes, Arco, Mobil, Shell, and many other national chains.