Mohamad Barmaki Purchases Retail Asset In Twentynine Palms For $2.12M

The property involved in the transaction is a Retail asset located at 71737 29 Palms Highway in Twentynine Palms, California. The sale price for this property was $2,120,000, with a total square footage of 15,000. The market value of this asset was $141 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,120,000
• Buyer: Mohamad Barmaki
• Seller: Timothy Selby
• Buyer's Rep: Karl Markarian & Abel Mehrabi - JohnHart Real Estate
• Asking Price: $2,270,000
• SF: 15,000
• Market: Twentynine Palms

The deal was facilitated with Mohamad Barmaki as the buyer and Timothy Selby as the seller. The buyer's representatives in this transaction were Karl Markarian and Abel Mehrabi from JohnHart Real Estate. This transaction included the sale of Dollar Tree with a Corporate Guarantee STNL, a significant milestone in the retail property market in TwentyNine Palms, California.