Private Family Office Acquires Property In Perris From Private Partnership For $3.7M

A restaurant property located at 2560 N Perris Blvd in Perris, CA, has been acquired for $3.7 million. The single-tenant building, which features a drive-thru, spans 2,200 square feet and is net-leased to KFC. The facility was constructed in 2022 and is situated in the Perris market.

Summary of transaction details:

• Property Type: Restaurant
• Transaction Amount: $3,700,000.00
• Address: 2560 N Perris BLVD, Perris, CA, 92571
• Market: Perris
• Seller: Private Partnership
• Buyer: Private Family Office
• Seller's Representative: Greg Bedell - Progressive Real Estate Partners
• Buyer's Representatives: Howard Rosenthal and Guy Excell - Rosenthal & Excell Commercial Real Estate

The seller, an Orange County-based private partnership, was represented by Greg Bedell of Progressive Real Estate Partners, while Howard Rosenthal and Guy Excell of Rosenthal & Excell Commercial Real Estate represented the buyer in this transaction.