Victor Buendia Of Progressive Real Estate Partners Represents Both Seller And Buyer In $5.2M Retail Sale

This transaction involved the sale of a retail property located at 130 West Valley Boulevard in Colton. The property, a single-tenant Mobil Gas Station, sold for $5,200,000. It has a square footage of 924, resulting in a price per square foot of $5,628.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,200,000
• Sale Date: 01/23/2025
• Broker: Victor Buendia - Progressive Real Estate Partners
• Buyer: Inland Empire-based private investor
• Seller: Not disclosed

Victor Buendia from Progressive Real Estate Partners facilitated this transaction, representing both the seller and the buyer. The buyer plans to renovate the convenience store as part of their investment strategy.