Dr. Armen Kassabian Purchases Retail Asset From Cadence Capital In Lancaster For $2.155M
SOLD
$2,155,000
California
See Similar DealsRetail5,966 SF
Sold 01/06/2026
SOLD
Dr. Armen Kassabian Purchases Retail Asset From Cadence Capital In Lancaster For $2.155M
1206 Commerce Center Drive
See Similar DealsRetail5,966 SF
Sold 01/06/2026
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$361
Total Square Footage:5,966 SF
Transaction Type:Sale
The asset involved in this transaction is a retail property located at 1206 Commerce Center Drive in the Lancaster market. The sale price for the property was $2,155,000, with a total square footage of 5,966, which breaks down to a price per square foot of $361.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,155,000
- Address: 1206 Commerce Center Drive
- Market: Lancaster
- Square Footage: 5,966
- Price Per Square Foot: $361
- Buyer: Dr. Armen Kassabian
- Seller: Cadence Capital
- Broker: Vanessa Haddad - Marcus & Millichap
This transaction involved Dr. Armen Kassabian as the buyer and Cadence Capital as the seller, with Vanessa Haddad representing the interests of the buyer in the deal while affiliated with Marcus & Millichap.
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$114,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,656.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,215.80
Annual Debt Service$122,589.59
Is there something missing? Send suggestions