Chase Partners Ltd. Sells Newly Built Starbucks In Moreno Valley For $2.7 Million

The asset involved in the transaction is a newly built retail property located at 22350 Cactus Avenue in Moreno Valley. The sale price of the property was $2,700,000, and it encompasses a total square footage of 1,500. The price per square foot amounts to $1,800.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,700,000
• Address: 22350 Cactus Avenue
• Market: Moreno Valley
• Square Footage: 1,500
• Price Per Square Foot: $1,800
• Seller: Chase Partners Ltd.
• Broker Representatives: Bill Asher & Jeff Lefko - Hanley Investment Group

The transaction was facilitated by Hanley Investment Group, with Bill Asher and Jeff Lefko representing the seller, Chase Partners Ltd. The buyer, a private investor from Orange County, was represented by David Kluver of Lee & Associates.