Case Study:

Bank of America

Palm Desert, CA

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Procured an all-cash 1031 exchange buyer that paid 5% better than any other offer.

The Hanley Investment Group Advantage

  • Buyer Paid 5% Better Than Any Other Offer
  • Structured 2 Week Due Diligence; 30-Day Close of Escrow
  • Pricing and Cap Rate Based on Tenant’s Next Increase 12 Months from Closing
  • Record Low Cap Rate for a Single-Tenant Bank in Coachella Valley

Sale Specifics

  • Single-Tenant NNN Bank of America
  • Ground Lease with 16 Year Remaining on Initial Lease Term
  • Pad to Wal-Mart Anchored Center