SOLD
Ken Sjoerd Acquires Sun City Car Wash In Menifee For $2M
28100 Bradley Road
Retail
20,383 SF
20,383 SF
Sold 13 days ago
Summary
Sale
CALIFORNIA
Retail
20,383 sqft
The Sun City Car Wash in Menifee is a 7 Bay Self Serve Car Wash with an Automatic Rollover, built in 1990. The property located at 28100 Bradley Road in Menifee spans 20,383 square feet and was recently sold for $2,000,000, with a price per square foot of $98 in the Menifee market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,000,000
- Buyer: Ken Sjoerd
- Seller: John Gruebel
- Broker: Gabriel Talasazan - Beverly & Company
- Asset Type: Retail
- Address: 28100 Bradley Road
- Market: Menifee
- SF: 20,383
- PPSF: $98
The transaction involved a Real Estate & Business Sale, with 35 years of ownership. It was a Dual Representation deal, including a 1031 Exchange Sale and an All Cash Purchase. In 2023, the Developer/Operator of the car wash exchanged the property into another Self Serve Car Wash in Orange County.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Gabriel Talasazan
DATE: 04/30/2024
ADDRESS: 28100 Bradley Road
MARKET: Menifee
ASSET TYPE: Retail
BUYER: Ken Sjoerd
SELLER: John Gruebel
BROKER: Gabriel Talasazan (@PejTalasazan) - Beverly & Company (@BeverlyCompany_)
SALE PRICE: $2,000,000
SF: 20,383 ~ PPSF: $98
NOTE FROM BROKER: Real Estate & Business Sale - 35 Year Ownership, Dual Representation, 1031 Exchange Sale, All Cash Purchase.
The Sun City Car Wash in Menifee was built in 1990 as a 7 Bay Self Serve Car Wash with an Automatic Rollover. The Developer / Operator had kept the car wash till 2023 until he exchanged it into another Self Serve Car Wash in Orange County.View on map
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Address28100 Bradley Road
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