Karl Findley Acquires Retail Property In Nipomo For $12.5M

The retail property located at 542 Lindon Lane in Nipomo has been sold for a price of $12,500,000. The property spans 39,218 square feet, resulting in a price per square foot of $319. The transaction took place on January 10, 2023.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,500,000
• Address: 542 Lindon Lane, Nipomo
• Market: Nipomo
• Square Footage: 39,218 SF
• Price per Square Foot: $319

The buyer of the property is Karl Findley, while the seller is Nick Pruit. The deal was facilitated by Shane Avera, Maxx Bauman, and Bill Pedersen, who represent Matthews Real Estate Investment Services.