Michael Shanfeld Acquires Retail Property On E. Main St In Ventura For $5.1M

The retail property located at 2709 E. Main St in Ventura was recently sold for $5,075,000. The transaction took place on 12/11/2019, and the property spans a total area of 20,038 square feet. The price per square foot for this sale was $253.27. The property is situated in the Ventura market.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $5,075,000
• Address: 2709 E. Main St
• Market: Ventura

The buyer of this property is Michael Shanfeld, who represented The Shanfeld Group, Inc. as their broker. The seller, on the other hand, was Lary A. Reid, who was represented by The Niki Group. This deal involved a net, net, net (NNN) lease agreement, with the tenant leasing the space through 2030.