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1440 East Lincoln Avenue
SOLD

Institutional Property Advisors Oversees $25.3M Sale Of Nohl Plaza In Orange With Seller's Rep Jose Carrazana, Patrick Toomey & Tom Lagos

1440 East Lincoln Avenue

Retail
103,639 SF
clock iconSold 196 days ago
Patrick Toomey
Jose Carrazana
Tom Lagos
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Summary

Sale
CALIFORNIA
Retail
103,639 sqft

The leasehold interest in Nohl Plaza, Orange was sold for $25.3 million. The property, located at 1440 East Lincoln Avenue, is a retail asset spread across 10 acres. It offers a total of 103,639 square feet of space, with a price per square foot of $244.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $25,300,000
  • Address: 1440 East Lincoln Avenue
  • Market: Orange
  • Acres: 10
  • Square Footage: 103,639
  • Price per Square Foot: $244

The sale was overseen by Institutional Property Advisors (IPA), part of Marcus & Millichap. The seller, Nohl Plaza LLC, was represented by Jose Carrazana, Patrick Toomey, and Tom Lagos of Institutional Property Advisors (IPA), who are part of Marcus & Millichap. The buyer's identity remains undisclosed.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Patrick Toomey's profile picture
Patrick Toomey
Marcus & Millichap-image
Senior Vice President Investments
$34.1M Sold
Jose Carrazana's profile picture
Tom Lagos's profile picture

Details

Deal Summary
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SOLD
IMAGE: Jose Carrazana, Patrick Toomey & Tom Lagos DATE: 10/19/2023 ADDRESS: 1440 East Lincoln Avenue MARKET: Orange ASSET TYPE: Retail ~ ACRES: 10 SELLER: Nohl Plaza LLC BROKERS: Jose Carrazana, Patrick Toomey & Tom Lagos - Institutional Property Advisors - Marcus & Millichap (@MarcusMillichapinc) SALE PRICE: $25,300,000 SF: 103,639 ~ PPSF: $244 NOTE: Institutional Property Advisors (IPA), part of Marcus & Millichap, oversaw the $25.3 million sale of the leasehold interest in Nohl Plaza, Orange. The deal was managed by IPA's Tom Lagos, Patrick Toomey, Jose Carrazana, and Joe Linkogle of Marcus & Millichap, representing the seller, Nohl Plaza LLC, and the undisclosed buyer.

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Address1440 East Lincoln Avenue

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