Updated Oct 7, 2025
Ara Karapetian & Dro Gharapetian Lease 30,000 SF Retail Space At 14073 Main Street Hesperia
14073 Main Street
Building Size
30,000 SF
Asset Type
Retail
Closing
Sep 10, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 14073 Main Street in Hesperia, suitable for various retail operations. The total area of the property is 30,000 square feet, making it a significant space in the retail market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 14073 Main Street
- Market: Hesperia
- Lease Type: Retail Lease
- Landlord's Representative: Ara Karapetian & Dro Gharapetian - AK & Associates Inc
The key individuals involved in this transaction include Ara Karapetian and Dro Gharapetian, who represent the landlord through their agency, AK & Associates Inc. Their expertise in the retail sector played a pivotal role in facilitating this lease agreement.
On the Map
Retail
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Players
Hesperia Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93