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6911 Garden Grove Boulevard

Albert Blanck, David Shorenstein & Jeff Ravetz Acquire Retail Space In Garden Grove For $4M
SOLDRetail

Albert Blanck, David Shorenstein & Jeff Ravetz Acquire Retail Space In Garden Grove For $4M

6911 Garden Grove Boulevard

$4,000,000

$678/SF

Building Size

5,900 SF

Asset Type

Retail

Closing

Apr 10, 2026

AI

The property asset involved in the transaction is a retail location situated at 6911 Garden Grove Boulevard in the Garden Grove market. The sale price for the asset is $4,000,000, covering a total square footage of 5,900, which results in a price per square foot of $677.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,000,000
  • Buyer: Albert Blanck, David Shorenstein & Jeff Ravetz - Seal Shine Express Car Wash
  • Seller: Freeway Express Wash
  • Square Footage: 5,900
  • Price per Square Foot: $677
  • Date of Transaction: 04/10/2026

The transaction was facilitated with the Buyers, Albert Blanck, David Shorenstein, and Jeff Ravetz seeking to expand their car wash platform across Southern California. They are open to acquisition, partnership, or off-market opportunities and can be contacted through [email protected].

Players

David Shorenstein

Buyer

$187.3M

vol

60 deals

Buyer

Garden Grove Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93