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CBRE Brokers Sale Of Retail Properties In Manhattan Beach And Oxnard For $9.7 Million

Property Image
SOLD
$9,700,000
Patrick Wade
Matthew Greenberg
Alex Kozakov
+ 2

California

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Retail3,194 SF
Sold 08/01/2024
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Property Image
SOLD

CBRE Brokers Sale Of Retail Properties In Manhattan Beach And Oxnard For $9.7 Million

800 North Sepulveda Boulevard & 110 Riverpark Boulevard

See Similar Deals
Retail3,194 SF
Sold 08/01/2024
Patrick Wade
Matthew Greenberg
Alex Kozakov
+ 2
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$3,036
Total Square Footage:3,194 SF
Transaction Type:Sale

The transaction involved the sale of two retail properties located at 800 North Sepulveda Boulevard in Manhattan Beach and 110 Riverpark Boulevard in Oxnard. The total sale price was $9,700,000, with the Manhattan Beach property, occupied by El Pollo Loco, sold for $5,100,000 and the Oxnard property, occupied by McDonald's, sold for $4,600,000. The combined square footage of the properties is 1,597, resulting in a price per square foot of $6,074.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $9,700,000
  • Address: 800 North Sepulveda Boulevard & 110 Riverpark Boulevard
  • Market: Manhattan Beach & Oxnard
  • Square Footage: 1,597
  • Price Per Square Foot: $6,074

The sale was brokered by a team from CBRE, consisting of Alex Kozakov, Jack Webber, Matthew Greenberg, Patrick Wade, and Bo Henderson, representing the interests in the real estate transaction.

Players

Alex Kozakov
CBRE
Alex Kozakov
17 deals$349.3M volume(949) 285-3424
BROKER
Matthew Greenberg
CBRE
Matthew Greenberg
6 deals$57.1M volume(213) 613-3544
BROKER
Patrick Wade
CBRE
Patrick Wade
17 deals$349.3M volume
BROKER
Jack Webber
CBRE
Jack Webber
1 deal$9.7M volume(310) 529-4040
BROKER
Bo Henderson
CBRE
Bo Henderson
2 deals$16M volume(310) 892-5644
BROKER

Details

SOLD
IMAGE: Alex Kozakov, Jack Webber, Matthew Greenberg, Patrick Wade & Bo Henderson DATE: 08/01/2024 ADDRESS: 800 North Sepulveda Boulevard & 110 Riverpark Boulevard MARKET: Manhattan Beach & Oxnard ASSET TYPE: Retail BROKERS: Alex Kozakov (@AKozakov), Jack Webber, Matthew Greenberg, Patrick Wade & Bo Henderson - CBRE (@CBRE) SALE PRICE: $9,700,000 SF: 1,597 ~ PPSF: $6,074 NOTE: CBRE brokered the sale of two restaurant properties in Manhattan Beach and Oxnard for $9.7 million. The Manhattan Beach property, occupied by El Pollo Loco, sold for $5.1 million, while the Oxnard property, occupied by McDonald's, sold for $4.6 million.

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