Ethan Conrad Properties Acquires Retail Property In Citrus Heights For $16.7M | 7867 Lichen Drive | Wyatt Figueroa, Edward Nelson, Bill Rose | Retail | Sale

Summary

Sale

CALIFORNIA

Retail

135,000 sqft

Located at 7867 Lichen Dr. in Citrus Heights, this retail property has been recently sold. The property spans 135,000 square feet and was sold for a total of $16,700,000, resulting in a price per square foot of $155.

Summary of transaction details:

Property Type: Retail
Transaction Amount: $16,700,000
Market: Citrus Heights
Buyer: Ethan Conrad Properties
Seller: Citivest Commercial Investments
Brokers: Bill Rose, Edward Nelson, and Wyatt Figeroa from Marcus & Millichap

The deal was facilitated by the brokers Bill Rose, Edward Nelson, and Wyatt Figeroa from Marcus & Millichap. They represented both the buyer, Ethan Conrad Properties, and the seller, Citivest Commercial Investments.

Players

All
4

Agents
3
Agencies
1

Wyatt Figueroa

Associate

$16.7M Sold

Edward Nelson

First Vice President Investments

$17.9M Sold

Bill Rose

Senior Managing Director Investments

$35.4M Sold

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: Wyatt Figeroa, Bill Rose & Edward Nelson DATE: 01/06/2022 ADDRESS: 7867 Lichen Dr. MARKET: Citrus Heights ASSET TYPE: Retail BUYER: Ethan Conrad Properties SELLER: Citivest Commercial Investments BROKERS: Bill Rose, Edward Nelson & Wyatt Figeroa - Marcus & Millichap SALE PRICE: $16,700,000 SF: 135,000 ~ PPSF: $155

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Address7867 Lichen Drive

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