Cushman & Wakefield Facilitates $10M Sale Of San Gabriel Shopping Center On West Las Tunas Drive

A San Gabriel neighborhood shopping center near Los Angeles, known as Las Tunas Plaza, has been sold for $10 million. The property, located at 805-841 W. Las Tunas Drive, sits on 1.3 acres of land. Spanning 17,473 square feet, the retail asset was 90 percent leased at the time of the sale. The undisclosed buyer acquired the property, with the seller's identity also remaining confidential.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $10,000,000
• Address: 805-841 West Las Tunas Drive
• Market: San Gabriel
• Acres: 1.3
• SF: 17,473
• PPSF: $572

The sale of Las Tunas Plaza was facilitated by Joseph Lising, Maureen Gitto, and Mitchell Neff from the brokerage firm Cushman & Wakefield. They represented the buyer and seller in the transaction, although their specific roles were not disclosed.