The property asset involved is a newly built 7-Eleven with Laredo Taco Company and 12 fuel pumps located at 15666 Hellman Avenue in Chino, California. The transaction was completed for a total price of $7,050,000, achieving a significant record-low cap rate of 5.25% for California 7-Eleven deals over $5 million.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $7,050,000
• Seller: Anthony Jason Brent - Ledo Capital Group
• Buyer’s Representative: Adam Bloom - Lee & Associates San Diego
• Seller’s Representative: Jeremy McChesney - Hanley Investment Group

This transaction involved multiple key individuals and organizations. Hanley Investment Group facilitated the all-cash sale and provided representation for the seller, while Adam Bloom from Lee & Associates represented the buyer from San Diego. Jeremy McChesney played a crucial role in representing Ledo Capital Group in the transaction.