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14073 Main Street

Ara Karapetian & Dro Gharapetian Lease 30,000 SF Retail Space At 14073 Main Street Hesperia
LEASEDRetail

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

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.

Players

Dro Gharapetian

Broker

$4.5M

vol

3 deals

Broker

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