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].
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