Updated Oct 13, 2026
EquipmentShare Acquires Industrial Property On Columbia Way In Lancaster For $3.78M
811 Columbia Way Lancaster, CA 93535, USA
$3,780,000
$164/SF
Building Size
22,995 SF
Asset Type
Industrial
Closing
Jun 9, 2023
About this deal
AI
An industrial property located at 811 Columbia Way in Lancaster has been sold. The property spans 22,995 square feet and was sold for a price of $3,780,000, resulting in a price per square foot of $164.
Summary of Transaction Details:
- Property Type: Industrial
- Sale Price: $3,780,000
- Square Footage: 22,995
- Price per Square Foot: $164
- Address: 811 Columbia Way
- Market: Lancaster
The buyer of the property is EquipmentShare, while the sellers are George Gevorkyan and Gary Boranyan. Eric Rodriguez from Lifestyle Realty represented the buyer, and Josh Markowitz from Markowitz Commercial Real Estate Inc represented the sellers.
On the Map
$3,780,000
$164/SF
Industrial
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Players
Los Angeles Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.20%
Cash-on-Cash
-1.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93