Updated Sep 11, 2026
Dmitri Tiphion Acquires LA County Retail Property For $8.7M
1020 Commerce Center Dr, Lancaster, CA 93534, USA
$8,700,000
$193/SF
Building Size
45,000 SF
Asset Type
Retail
Closing
Nov 9, 2022
About this deal
AI
A retail property located at 1020 Commerce Center Dr in LA County has been sold for $8,700,000. The property has a total square footage of 45,000, resulting in a price per square foot of $193.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $8,700,000
- Address: 1020 Commerce Center Dr
- Market: LA County
- Buyer: Dmitri Tiphion
- Seller: Cadence Capital
- Broker: Vanessa Haddad - BRE
Dmitri Tiphion was the buyer of the property, while Cadence Capital acted as the seller. The broker representing the deal was Vanessa Haddad from BRE.
On the Map
$8,700,000
$193/SF
Retail
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Players
Lancaster Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93