facebook
Traded Co logo
Submit

Rami Dorghalli Purchases Industrial Property From Michael Stein In Palmdale For $3 Million

Property Image
SOLD
$3,000,000

California

See Similar Deals
Industrial22,680 SF
Sold 03/03/2025
the dealplayerscompscontact
Property Image
SOLD

Rami Dorghalli Purchases Industrial Property From Michael Stein In Palmdale For $3 Million

38940 Trade Center Drive

See Similar Deals
Industrial22,680 SF
Sold 03/03/2025
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$132
Total Square Footage:22,680 SF
Transaction Type:Sale

The transaction involved the sale of a 22,680 square foot industrial warehouse located at 38940 Trade Center Drive, Palmdale, California. The asset was sold for a total price of $3,000,000, resulting in a price per square foot of $132. The property was previously utilized for sales and distribution and is now situated in the Palmdale Medical Flex zone.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,000,000
  • Address: 38940 Trade Center Drive
  • Market: Palmdale
  • Square Footage: 22,680
  • Price Per Square Foot: $132
  • Buyer: Rami Dorghalli
  • Seller: Michael Stein
  • Broker: Josh Markowitz - Markowitz Commercial Real Estate

Markowitz Commercial Real Estate represented both the buyer, Rami Dorghalli, and the seller, Michael Stein, in this transaction. The deal highlights the involvement of Josh Markowitz as the broker facilitating the transaction for both parties.

Players

Josh Markowitz
Markowitz Commercial Real Estate
Josh Markowitz
16 deals$51.3M volume(818) 337-9066
BROKER

Details

SOLD
IMAGE: Josh Markowitz DATE: 03/03/2025 ADDRESS: 38940 Trade Center Drive MARKET: Palmdale ASSET TYPE: Industrial BUYER: Rami Dorghalli SELLER: Michael Stein BROKER: Josh Markowitz (@Josh.Markowitz) - Markowitz Commercial Real Estate SALE PRICE: $3,000,000 SF: 22,680 ~ PPSF: $132 NOTE FROM BROKER: Markowitz Commercial Real Estate represented the buyer and seller of a 22,680 square foot warehouse building in Palmdale, California. The property was formerly used for sales and distribution but is now located in the Palmdale Medical Flex zone.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$160,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37