Rami Darghalli Acquires Retail Building In Lancaster From Annie & Tom Vuong For $2.8M
SOLD
$2,800,000
California
See Similar DealsRetail20,770 SF
Sold 05/08/2025
SOLD
Rami Darghalli Acquires Retail Building In Lancaster From Annie & Tom Vuong For $2.8M
1155 West Avenue K
See Similar DealsRetail20,770 SF
Sold 05/08/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$134
Total Square Footage:20,770 SF
Transaction Type:Sale
A retail building located at 1155 West Avenue K, Lancaster, California has been sold for $2,800,000. The property spans 20,770 square feet and is situated across from a Target-anchored power center, currently occupied by a furniture store.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,800,000
- Square Footage: 20,770
- Price Per Square Foot: $134
- Buyer: Rami Darghalli
- Seller: Annie & Tom Vuong
- Broker: Josh Markowitz - Markowitz Commercial Real Estate
- Date of Transaction: 5/8/2025
- Market: Lancaster
Markowitz Commercial Real Estate represented the transaction, facilitating the sale of this commercial asset between the buyer and the sellers, ensuring a successful completion of the deal.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,947.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,273.43
Annual Debt Service$159,281.14
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