The retail property located at 11321 Talbert Avenue in Fountain Valley was sold for $3,800,000. The transaction involved a 3,500 square foot McDonald's property on a triple-net ground lease. The sale was facilitated by Hanley Investment Groupand Oaks Commercial Real Estate, with the seller being a Newport Beach-based family trust.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,800,000
• Address: 11321 Talbert Avenue
• Market: Fountain Valley
• Square Footage: 3,500
• Price per Square Foot: $1,086
• Buyer's Rep: Robert Tran - HPT Realty
• Seller's Rep: Bill Asher & Jeff Lefko - Hanley Investment Group; Fred Encinas - Oaks Commercial Real Estate

The $3.8 million sale of the McDonald's property at 11321 Talbert Ave. was orchestrated as an all-cash transaction with a 1031 exchange buyer. The deal was arranged by various real estate professionals, signaling a successful transfer of ownership in the Fountain Valley market.