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2631 Oswell Street
SOLD

Hanley Investment Group & Progressive Real Estate Partners Facilitates $2.93M Sale Of Retail Property In Bakersfield

2631 Oswell Street

Retail
3,576 SF
clock iconSold 117 days ago
Jeff Lefko
Bill Asher
Greg Bedell
+ 2
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Summary

Sale
CALIFORNIA
Retail
3,576 sqft

A newly constructed Chase Bank property located at 2631 Oswell Street in Bakersfield, California was sold for $2,930,000 under an absolute triple-net ground lease. The property spans 3,576 square feet with a price per square foot of $819. Positioned in a high-traffic area near major retailers, Bakersfield Community College, and Kern Medical, the property offers strategic advantages to the buyer and seller.

Summary of transaction details:

Progressive Real Estate Partners, represented by Greg Bedell and Lance Mordachini, facilitated the purchase for private investors. On the other side, the seller was represented by Bill Asher and Jeff Lefko from Hanley Investment Group. This transaction highlights the collaboration between these professionals in the real estate market, showcasing their expertise in closing significant deals in the Bakersfield area.

Players

  • All

    6

  • Agents

    4

  • Agencies

    2

Jeff Lefko's profile picture
Jeff Lefko
Hanley Investment Group -image
Executive Vice President
$285.8M Sold

Details

Deal Summary
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SOLD
IMAGE: Greg Bedell, Lance Mordachini, Bill Asher & Jeff Lefko DATE: 02/20/2024 ADDRESS: 2631 Oswell Street MARKET: Bakersfield ASSET TYPE: Retail ~ ACRES: 0.85 BUYER'S REP: Greg Bedell (@The_Great_Gregsby) & Lance Mordachini (@LanceMordachini) - Progressive Real Estate Partners (@ProgressiverRealEstatePartners) SELLER'S REP: Bill Asher & Jeff Lefko (@Jefflef80) - Hanley Investment Group (@HanleyInvestmentGroup) SALE PRICE: $2,930,000 SF: 3,576 ~ PPSF: $819 NOTE: Hanley Investment Group and Progressive Real Estate Partners arranged the $2.93 million sale of a newly constructed Chase Bank property in Bakersfield, California, under an absolute triple-net ground lease. Hanley's Bill Asher and Jeff Lefko represented the seller, while Greg Bedell and Lance Mordachini of Progressive Real Estate Partners represented the buyer, both private investors. The property, located at 2631 Oswell Street, benefits from its high-traffic location near major retailers, Bakersfield Community College, and Kern Medical.

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Address2631 Oswell Street

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