Hanley Investment Group Represents $5 Million Sale Of 7-Eleven Occupied Gas Station In Clovis

A 7-Eleven-occupied gas station and convenience store located at 394 West Ashlan Avenue in Clovis, California was sold for $5,000,000. This retail asset is part of a growing market for single-tenant, triple-net leased properties, reflecting current trends in investor demand.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,000,000
• Address: 394 West Ashlan Avenue
• Market: Clovis, CA
• Buyer's Representative: Jeffrey Leggio - ASU Commercial
• Seller's Representatives: Jeremy McChesney & Jacob Fahner - Hanley Investment Group

Hanley Investment Group Real Estate Advisors represented a private seller from Los Angeles in this transaction, while facilitating the sale to a buyer from Bakersfield participating in a 1031 exchange. Over the past year, Hanley has closed over $60 million in convenience store and gas station transactions throughout California, emphasizing their expertise in this market segment.