Cole Valley Partners Sells Dutch Bros Coffee In El Centro For $2.6 Million With Hanley Investment Group

The asset involved in the transaction is a retail property located at 740 North Imperial Avenue in El Centro. The property spans an area of 2,411 square feet and was sold for $2,600,000. It is leased under a 15-year absolute triple-net lease with a provision for 10% rent increases every five years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,600,000
• Sale Price per Square Foot: $1,078
• Seller: Cole Valley Partners
• Buyer's Representative: Bill Johnson - KW Commercial
• Seller's Representatives: Bill Asher, Jeff Lefko & Beau Velten - Hanley Investment Group
• Market: El Centro

Hanley Investment Group facilitated the sale of the retail property, representing the seller, Cole Valley Partners. The buyer in this transaction is a private investor from Northern California, who was represented by Bill Johnson of KW Commercial.