KOAM Property Investment Purchases Property From SBH Real Estate Group For $3.5 Million In Gardena

A triple-net leased retail asset was sold at 15015 Crenshaw Blvd, Gardena, CA. KOAM Property Investment acquired the property for $3,500,000. The asset does not have any square footage mentioned and is situated in the Gardena market. Super Star Car Wash has signed a 25-year triple-net ground lease for this property, which opened for business in early 2022. The tenant has invested over $3 million into the location.

Summary of transaction details:

• Property Type: Retail Asset
• Transaction Amount: $3,500,000.00
• Buyer: KOAM Property Investment
• Seller: SBH Real Estate Group
• Buyer's Representative: Frank Choi
• Seller's Representative: Jeremy McChesney - Hanley Investment Group - Real Estate Advisors

Jeremy McChesney represented the seller, SBH Real Estate, while Frank Choi represented the buyer in this transaction. The involvement of these brokers facilitated the completion of the sale, with both representatives playing a crucial role in the negotiation process.