Lance Washington Of Mar Vista Partners Closes $6.5M Industrial Sale In Lancaster

The industrial property located at 44211 Yucca Avenue in Lancaster was sold for $6,500,000. Spanning 21,000 square feet, the property was acquired at a price of $310 per square foot. The original asking price for the property was $7,900,000.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $6,500,000
• Address: 44211 Yucca Avenue
• Market: Lancaster
• SF: 21,000
• PPSF: $310

Lance Washington of Mar Vista Partners represented the buyer in this transaction. A notable aspect of this deal was the inclusion of an operational business at the property as a secondary component of the sale, making up part of the total sale price.