Private Investor Sells Riverside Property For $9.3 Million With Greg Bedell As Seller's Representative

The property asset involved in this transaction is located at 3873 Pyrite St, Riverside, CA, 92509, within the Jurupa Valley market. It includes a Shell gas station, a Circle K convenience store, and a car wash. The transaction price was $9,300,000. The property was built in 1999 and underwent a complete remodel in 2013. It features 28 fueling positions, an express car wash, a 4,000-square-foot Circle K convenience store, and a 2,580-square-foot drive-thru restaurant building with tenants Alberto’s Mexican Food and Sub Hub Sandwiches.

Summary of transaction details:

• Property Type: Convenience Store and Gas Station
• Transaction Amount: $9,300,000
• Address: 3873 Pyrite St, Riverside, CA, 92509
• Market: Jurupa Valley
• Seller's Representative: Greg Bedell - Progressive Real Estate Partners
• Buyer: Private Investor
• Seller: Private Investor
• Key Representatives: Victor Buendia and Greg Bedell represented the seller, while Mahlon Tobias Commercial represented the buyer.

This deal involved two private investors based in Riverside County. The transaction was facilitated by Progressive Real Estate Partners, highlighting their role in bringing the seller and buyer together for this asset sale in the convenience sector.