Cadence Capital Sells Retail Property In Lancaster For $7.28M With Seller's Reps Vanessa Haddad & Alan Krueger
California
See Similar DealsCadence Capital Sells Retail Property In Lancaster For $7.28M With Seller's Reps Vanessa Haddad & Alan Krueger
1100 West Avenue K
See Similar DealsSummary
The retail asset located at 1100 West Avenue K in Lancaster has been sold for $7,284,000. The property spans 12,800 square feet, resulting in a price per square foot of $569. This transaction represents a significant milestone in the Lancaster market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,284,000
- Square Footage: 12,800
- Price per Square Foot: $569
- Seller: Cadence Capital
- Buyer's Representative: Joon Lee - NegotiateLease.com
- Seller's Representatives: Vanessa Haddad & Alan Krueger - Marcus & Millichap
This transaction was accompanied by a notable achievement, as indicated by the seller's representatives, highlighting that the price per square foot established is the highest recorded for any retail multi-tenant property exceeding 5,000 square feet sold in Lancaster, CA.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
