The property asset involved in this transaction is a Chevron Station, ExtraMile convenience store, and Express Car Wash located at 27981 Greenspot Road in Highland, California. The transaction was completed for a total price of $9,500,000. This retail asset is positioned in the Highlands Crossing center, which benefits from high traffic due to its proximity to the 210 freeway and is situated in a high-growth area with planned significant nearby development.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $9,500,000
• Buyer: G & M Oil Company
• Buyer’s Representative: Scott Olson - C-Store Realty
• Seller’s Representative: Victor Buendia - Progressive Real Estate Partners

Key individuals involved in the transaction include Scott Olson, representing G & M Oil Company, and Victor Buendia, representing the seller through Progressive Real Estate Partners, who facilitated the all-cash sale.