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

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.