Transaction Of 58132 Twentynine Palms Highway Yucca Valley Sold For $2 Million With Greg Bedell As Seller's Rep

The transaction involved a multi-tenant retail pad located at 58132 Twentynine Palms Highway, Yucca Valley, CA 92284. The asset was sold for $2,000,000.00 and spans a total square footage of 6,518. Tenants include Gamestop, Verizon Wireless, and Metro PCS, with the property being an outparcel to a 212,000-square-foot shopping center anchored by Stater Bros.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,000,000.00
• Address: 58132 Twentynine Palms Highway, Yucca Valley, CA 92284
• Square Footage: 6,518 SF
• Tenants: Gamestop, Verizon Wireless, Metro PCS
• Seller's Representative: Greg Bedell - Progressive Real Estate Partners
• Buyer's Representative: Victor Buendia - Progressive Real Estate Partners

This transaction was facilitated by Progressive Real Estate Partners, with Greg Bedell representing the seller and Victor Buendia representing the buyer. The deal occurred as part of a 1031 exchange transaction, indicating a strategic move for the involved parties within the real estate market.