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15762 Tuscola Road

Sarabjit Lambsar Purchases Mixed-use Asset In Apple Valley For $3.32M Represented By Boyett Team
SOLDMixed-use

Sarabjit Lambsar Purchases Mixed-use Asset In Apple Valley For $3.32M Represented By Boyett Team

15762 Tuscola Road

$3,320,000

$124/SF

Building Size

26,719 SF

Asset Type

Mixed-use

Closing

Mar 12, 2026

AI

A mixed-use property located at 15762 Tuscola Road in the Apple Valley market was sold for $3,320,000. The asset encompasses a total square footage of 26,719, translating to a price per square foot of $124.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,320,000
  • Address: 15762 Tuscola Road
  • Market: Apple Valley
  • Square Footage: 26,719
  • Price per Square Foot: $124
  • Buyer: Sarabjit Lambsar
  • Seller: Lucy Lu
  • Brokers: John Boyett & Diva Rescia - Boyett Team - CBRE

Representatives involved in the transaction included John Boyett and Diva Rescia, who worked through the Boyett Team at CBRE, facilitating the sale between the buyer and the seller.

Players

John Boyett

CBRE

Broker

$190.7M

vol

32 deals

Broker

Apple Valley Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.78%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93