The property asset involved in this transaction is a single-tenant retail property located at 2450 Rockwood Ave, Calexico, CA. The property sold for $2,600,000.00 and spans 18,000 square feet. It features Aldi as the occupant under a triple-net lease and sits on a 1.5-acre pad positioned at the entrance to a Walmart Supercenter, the first Walmart location north of the Calexico/Mexico border crossing.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,600,000.00
• Address: 2450 Rockwood Ave, Calexico, CA
• Square Footage: 18,000
• Market: Calexico
• Seller's Representative: Dylan Mallory
• Buyer: Unknown
• Additional Retailers Nearby: Jack in the Box, T-Mobile, 7-Eleven, Panda Express, KFC, and Subway

Dylan Mallory and Jeff Lefko of Hanley Investment Group represented the seller in this transaction. The buyer was self-represented, and the deal involved a Midwest-based buyer acquiring the asset from a private investor based in Vero Beach, Florida.