SOLD
Hanley Investment Group Arranges Sale Of Starbucks Drive-Thru Property In Riverside For $4.89M
22420 Van Buren Boulevard
Retail
6,963 SF
6,963 SF
Sold 327 days ago
Summary
Sale
CALIFORNIA
Retail
6,963 sqft
Hanley Investment Group arranged the sale of a Starbucks Drive-Thru-anchored property in Riverside, California, for $4.89 million. The property, located at 22420 Van Buren Boulevard, spans 1.14 acres and features a retail space measuring 6,963 square feet. The sale price equated to a price per square foot of $702. The fully occupied investment boasts a prime location and a mix of internet-resistant tenants, appealing to an international buyer.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,890,000
- Address: 22420 Van Buren Boulevard
- Market: Riverside
- Acres: 1.14
Shirley Kim, representing Max Mega Group Realty, acted as the buyer's representative in the transaction. On the other hand, Eric Wohl and CJ Kiehler from Hanley Investment Group Real Estate Advisors acted as the seller's representatives.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Shirley Kim, CJ Kiehler & Eric Wohl
DATE: 06/12/2023
ADDRESS: 22420 Van Buren Boulevard
MARKET: Riverside
ASSET TYPE: Retail ~ ACRES: 1.14
BUYER'S REP: Shirley Kim - Max Mega Group Realty
SELLER'S REP: Eric Wohl & CJ Kiehler - Hanley Investment Group Real Estate Advisors
SALE PRICE: $4,890,000
SF: 6,963 ~ PPSF: $702
NOTE: Hanley Investment Group arranged the sale of a Starbucks Drive-Thru-anchored property in Riverside, California, for $4.89 million. The recently built, fully occupied investment offers a prime location and a mix of internet-resistant tenants, appealing to an international buyer.View on map
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Address22420 Van Buren Boulevard
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