Kal Patel Acquires Retail Property In Moreno Valley For $2.6M

A retail property located at 22275 Alessandro Boulevard in Moreno Valley has been sold in a transaction. The property spans across 9,350 square feet and was sold for a price of $2,600,000, resulting in a price per square foot of $278.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,600,000
• Square Footage: 9,350
• Address: 22275 Alessandro Boulevard, Moreno Valley
• Market: Moreno Valley

The buyer of the property is Kal Patel, while the seller is Wallis State Bank. The deal was facilitated by Elizabeth Clark and Kris Lowry from Compass.