Masuda Investments Acquires Property At 3121 Marine Ave Gardena For $6.9M With Jeremy McChesney

The commercial property involved in this transaction is located at 3121 Marine Ave, Gardena, CA, 90249. Masuda Investments acquired the asset for $6,900,000. The property features a 3,000-square-foot convenience store and six gas station islands, with 7-Eleven as the tenant occupying the building under a 15-year corporate ground lease. The tenant commenced operations at this location in early 2022.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $6,900,000
• Buyer: Masuda Investments
• Seller: SBH Real Estate Group
• Buyer's Representative: Chris Kostanecki
• Seller's Representative: Jeremy McChesney - Hanley Investment Group - Real Estate Advisors

In this transaction, the role of the representatives was crucial; Jeremy McChesney represented the seller, SBH Real Estate Group, while Chris Kostanecki, along with Trevor Morse, represented the buyer, Masuda Investments. The involvement of these professionals facilitated the successful completion of the sale.