SOLD
Hanley Investment Group Facilitates $3.4M Sale Of Starbucks Drive-Thru In Visalia
237 West Caldwell Avenue
Retail
2,000 SF
2,000 SF
Sold 80 days ago
Summary
Sale
CALIFORNIA
Retail
2,000 sqft
The $3.4 million sale of a newly constructed Starbucks Drive-Thru in Visalia, located at 237 West Caldwell Avenue, involved a retail asset spanning 2,000 square feet on 0.64 acres. The transaction occurred in the Visalia market, with a sale price of $1,700 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,400,000
- Address: 237 West Caldwell Avenue
- Market: Visalia
- Square Footage: 2,000
- Price per Square Foot: $1,700
- Seller: Guy Stockbridge - Stock Five Development
- Buyer's Rep: David Mouallem - D.M. Realty Inc
- Seller's Rep: Alexander Moore, Bill Asher, Kevin Fryman & Sean Cox - Hanley Investment Group
The deal was orchestrated by Hanley Investment Group Real Estate Advisors, with the seller, Stock Five Development based in Fresno, represented by VPs Sean Cox and Alexander Moore, along with EVPs Bill Asher and Kevin Fryman. On the other side, the buyer, a private investor from Los Angeles, was represented by David Mouallem of D.M. Realty Inc.
Players
All
7
Agents
5
Agencies
2
Details
SOLD
IMAGE: Alexander Moore, Kevin Fryman, Guy Stockbridge, Bill Asher & Sean Cox
DATE: 02/26/2024
ADDRESS: 237 West Caldwell Avenue
MARKET: Visalia
ASSET TYPE: Retail ~ ACRES: 0.64
SELLER: Guy Stockbridge (@GuyStockbridge) - Stock Five Development
BUYER'S REP: David Mouallem - D.M. Realty Inc
SELLER'S REP: Alexander Moore, Bill Asher, Kevin Fryman & Sean Cox (@SeannCox) - Hanley Investment Group (@HanleyInvestmentGroup)
SALE PRICE: $3,400,000
SF: 2,000 ~ PPSF: $1,700
NOTE: Hanley Investment Group Real Estate Advisors orchestrated the $3.4 million sale of a newly constructed Starbucks Drive-Thru in Visalia, representing a price of $1,700 per square foot. The seller, Fresno-based Stock Five Development, was represented by VPs Sean Cox and Alexander Moore, along with EVPs Bill Asher and Kevin Fryman, while the buyer, a Los Angeles-based private investor, was represented by David Mouallem with D.M. Realty Inc. of Los Angeles.View on map
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Address237 West Caldwell Avenue
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