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Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in the sale of retail properties, announced today that the firm completed the sale of a new multi-tenant retail investment leased to Altura Credit Union and Little Caesars Drive-Thru in Perris, California. The property is located on an outparcel […]

Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced that the firm arranged the sale of a recently constructed, four-tenant net-leased investment anchored by a Starbucks Drive-Thru in Riverside, California, situated directly off Interstate 215 on/off ramps (154,680 cars per day). Adjacent to

A Newport Beach private investor purchased Bristol Place, a 61.5k sf, multi-tenant shopping center shadow-anchored by Target in Orange County’s South Coast Metro, in a $36.5 mil ($593/sf) transaction. The property was sold by an affiliate of Cadence Capital Investments of Greenwood Village, CO and Oakwood Real Estate Partners LLC. Bristol Place, located at 3310-3398

An OC-based private investor paid $2.4 mil for a new construction, single-tenant property occupied by a 7-Eleven convenience store and gas station in Imperial Valley. The new 15-year absolute triple-net ground lease sale worked out to a cap rate of 4.08%. Built in 2021, the single-tenant 2.9k sf 7-Eleven is located on 0.78 acres at

Wood Investments Companies, Inc., a fully integrated commercial real estate investment company specializing in retail, has sold a newly developed 4,000-square-foot single-tenant net-lease retail pad building occupied by Sherwin-Williams in Beaumont. The sale price was $3,240,000 at a 4.50% cap rate. According to Patrick Wood, CEO and president of Wood Investments Companies, the Sherwin-Williams property is a new

If it weren’t for the current economic uncertainty, we could say that it has never been a better time to be in retail real estate. Fundamentals are sound with vacancy rates at historic lows and for the first quarter of 2023, retail sales performed relatively well “showing the shallowest decline in deal volume across the

Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced that the firm arranged the sale of a brand-new construction, single-tenant property occupied by a Dutch Bros Coffee Drive-Thru in Beaumont, California. The sale price was $1.9 million for the new 15-year absolute triple-net

Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a newly renovated single-tenant property now occupied by Planet Fitness adjacent to Ventura College in Ventura, California. The sale price was $6.4 million. Hanley Investment Group’s

An OC-based private investor purchased a new construction, single-tenant property occupied by Fast5Xpress Car Wash in Ontario, adjacent to the Ontario Mills Mall, one of the top shopping and tourist destinations in California. The sale price was $3.5 mil for the new 35-year absolute triple-net ground lease. Built in 2021, Fast5Xpress Car Wash occupies a

Hanley Investment Group Real Estate Advisors arranged the sales of three single-tenant net-leased retail properties occupied by Walgreens in three separate transactions within 25 days. The combined value of these sales was $22.6 million and included three different buyers and sellers. All three sales were transacted in association with ParaSell, Inc. In the first transaction,