Updated Sep 1, 2026
Del Amo Motorsports Acquires Retail Property In Victorville For $5.8M From Don Lager
14444 Atstar Street
$5,800,000
$67/SF
Building Size
86,628 SF
Asset Type
Retail
Closing
Jun 6, 2025
About this deal
AI
The property involved in this transaction is a retail asset located at 14444 Atstar Street in Victorville. The sale was finalized at a price of $5,800,000, encompassing a total square footage of approximately 86,628. The price per square foot stands at $66.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,800,000
- Buyer: Del Amo Motorsports
- Seller: Don Lager
- Brokerage: Kidder Mathews
- Date of Sale: 6/6/2025
- Previous Occupant: Howard's Furniture
- Vacancy Period: Fully vacant since January 2025
The deal was facilitated by a team of brokers including Dane Garson, Jay Martinez, and Elizabeth Clark, who effectively repositioned the asset and navigated the complexities of zoning changes and city approvals to secure a committed buyer in a competitive market.
Players
Victorville 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
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93