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Private Investor Acquires Starbucks-Anchored Retail Pad In Diamond Bar For $4.57M With Brokers Arman Mahmoodi, Bill Asher, Jeff Lefko, And Fred Encinas

Property Image
SOLD
$4,570,000
Bill Asher
Arman Mahmoodi
+ 1

California

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Retail4,767 SF
Sold 08/20/2025
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Property Image
SOLD

Private Investor Acquires Starbucks-Anchored Retail Pad In Diamond Bar For $4.57M With Brokers Arman Mahmoodi, Bill Asher, Jeff Lefko, And Fred Encinas

22438 Golden Springs Drive

See Similar Deals
Retail4,767 SF
Sold 08/20/2025
Bill Asher
Arman Mahmoodi
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$958
Total Square Footage:4,767 SF
Transaction Type:Sale

A retail property located at 22438 Golden Springs Drive in Diamond Bar has been sold for $4,570,000. The asset spans 4,767 square feet and is situated on a 0.7-acre lot. This property is anchored by a Starbucks and was sold at 98% of the asking price.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,570,000
  • Address: 22438 Golden Springs Drive
  • Market: Diamond Bar
  • Asset Size: 4,767 SF
  • Price Per Square Foot: $959
  • Buyer's Representative: Arman Mahmoodi - BeachRock Group - Keller Williams Realty
  • Seller's Representatives: Bill Asher & Jeff Lefko - Hanley Investment Group; Fred Encinas - Oaks Commercial Real Estate

The transaction involved a private investor from Los Angeles who acquired the property. The sale was facilitated by a team of experienced brokers representing both the buyer and seller, highlighting a collaborative effort to complete the deal efficiently.

Players

Bill Asher
90 deals$653.6M volume
BROKER

Jeff Lefko
Hanley Investment Group
88 deals$611.2M volume
BROKER

Arman Mahmoodi
 BeachRock Group
3 deals$7.5M volume(310) 866-8323
BROKER

Fred Encinas
Oaks Commercial Real Estate
2 deals$8.4M volume(909) 609-4675
BROKER

Hanley Investment Group
BROKERAGE


Details

SOLD
IMAGE: Arman Mahmoodi, Bill Asher, Jeff Lefko & Fred Encinas DATE: 08/20/2025 ADDRESS: 22438 Golden Springs Drive MARKET: Diamond Bar ASSET TYPE: Retail ~ ACRES: 0.7 BUYER'S REP: Arman Mahmoodi (@ArmanmahMoodi) - BeachRock Group - Keller Williams Realty (@KellerWilliamsRealty) SELLER'S REP: Bill Asher & Jeff Lefko (@JeffLef80) - Hanley Investment Group (@HanleyInvestmentGroup); Fred Encinas (@Fred.Encinas.5051) - Oaks Commercial Real Estate SALE PRICE: $4,570,000 SF: 4,767 ~ PPSF: $959 NOTE: A private Los Angeles investor bought a 4,767-sq.-ft. Starbucks-anchored retail pad in Diamond Bar for $4.57M at 98% of asking. Hanley Investment Group’s Bill Asher and Jeff Lefko, with Fred Encinas of Oaks Commercial, represented the Las Vegas–based seller, while Arman Mahmoodi of BeachRock Group at Keller Williams repped the buyer.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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