Badal Satasiya Acquires 24,802 SF Poway Valley Center For $11.6M With Strands Realty Group

The Poway Valley Center, located at 13314-13340 Poway Road in Poway, CA, has been sold for $11,600,000. The retail asset encompasses 24,802 square feet and is fully leased. It features 16 long-term tenants, including Wingstop and Don Pollo, situated at a high-traffic intersection.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $11,600,000
• Square Footage: 24,802 SF
• Address: 13314-13340 Poway Road
• Market: Poway
• Price Per Square Foot: $468
• Buyer: Badal Satasiya
• Seller: Alex Zikakis - Capstone Advisors
• Buyer's Representative: Anthony Annunziata, Erik Ransdell, Mike Annunziata & Jimmy Leach - Strands Realty Group
• Seller's Representative: Joel Wilson, Michael Peterson & Reg Kobzi - CBRE

Key individuals involved in this transaction include Badal Satasiya as the buyer and Alex Zikakis representing Capstone Advisors as the seller. The selling was managed by CBRE while Strands Realty Group represented the buyer in this deal.