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Chipotle Rancho Cordova
CaliforniaInvestment salesNet leaseNews

Hanley Brokers $4.3 Million Pre-Sale of Single-Tenant Property Near Sacramento

by Hayden Spiess

Rancho Cordova, Calif. — Hanley Investment Group Real Estate Advisors has brokered the $4.3 million pre-sale of a single-tenant property located in Rancho Cordova, roughly 13 miles outside Sacramento. Situated on a 0.8-acre parcel within the Anatolia Marketplace shopping center, the building totals 2,325 square feet. Chipotle Mexican Grill has signed a triple-net ground lease at the property. Bill Asher and Jeff Lefko of Hanley represented the seller, an entity doing business as Anatolia Marketplace LLC, in the transaction. Chipotle is scheduled to open at the property in September.

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Chipotle_Ocala
FloridaInvestment salesNet leaseNews

SRS Brokers $3.5 Million Sale of Single-Tenant Property in Central Florida

by Hayden Spiess

Ocala, Fla. — SRS Real Estate Partners has brokered the $3.5 million sale of a newly delivered single-tenant property located in Ocala, a city in Central Florida. Chipotle Mexican Grill occupies the building, which totals 2,490 square feet, on a 15-year, triple-net lease. The property is situated on a one-acre lot near an Aldi, Walmart Supercenter, Lowe’s Home Improvement and Ross Dress for Less. Patrick Nutt and William Wamble of SRS represented the undisclosed seller in the transaction. A Spain-based buyer acquired the property. 

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Victory-Shops-Heritage-Trace-IV_Fort-Worth-Texas
Investment salesNet leaseNewsTexas

Marcus & Millichap Brokers Sale of 11,492-Square-Foot Retail Center in Fort Worth, Texas

by Hayden Spiess

Fort Worth, Texas — Marcus & Millichap has brokered the sale of Victory Shops at Heritage Trace IV, an 11,492-square-foot retail center located in Fort Worth. Tenants at the property, which was fully leased at the time of sale, include Just Love Coffee Café, RevFit, Flossophy Dental Studio and Big Chicken. All of the tenants at the center are on triple-net leases. Chris Gainey and Philip Levy of Marcus & Millichap represented the seller in the transaction. The property is situated across from a master-planned mixed-use project that will comprise retail, …

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First-Watch_Tucson-Ariz
ArizonaInvestment salesNet leaseNews

Hanley Negotiates $4 Million Sale of Single-Tenant Property in Tucson, Arizona

by Hayden Spiess

Tucson, Ariz. — Hanley Investment Real Estate Advisors has negotiated the $4 million sale of a single-tenant property located in Tucson. First Watch occupies the property, which totals 4,164 square feet, on a triple-net-lease basis. Bill Asher, Jeff Lefko and Lee Csenar of Hanley represented the seller and developer in the transaction. Cory Krupinsky of Brisky Net Lease, in association with Brian Brockman of Bang Realty, represented the buyer, a private investor. 

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Metro-Market_Mukwonago-Wis
Investment salesNet leaseNewsWisconsin

Legacy Brokers $12 Million Sale of Single-Tenant Property in Mukwonago, Wisconsin

by Hayden Spiess

Mukwonago, Wis. — Legacy Realty Group Advisors has brokered the $12 million sale of a single-tenant property located in Mukwonago. Metro Market (a Kroger brand) occupies the building, which totals 63,740 square feet, on a net-lease basis. Jacob Baruch and Daniel Baruch of Legacy represented the seller in the transaction. Carol Vena of JRW Realty represented the buyer. 

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FloridaInvestment salesNet leaseNews

SRS Brokers $9.1 Million Sale of Single-Tenant Property in Metro Orlando 

by Hayden Spiess

Davenport, Fla. — SRS Real Estate Partners has brokered the $9.1 million sale of a newly built gas station and convenience store located in Davenport, roughly 30 miles southwest of Orlando. 7-Eleven occupies the property on a 15-year triple-net lease, with scheduled rent increases and multiple extension options. The property is situated on a 1.4-acre site at the entrance of Champions Station, a 14-acre mixed-use development. Patrick Nutt and William Wamble of SRS represented the seller, a Florida-based development firm, in the transaction. A Michigan-based private investor was the buyer. 

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McDonalds_Fountain-Valley-Calif
CaliforniaInvestment salesNet leaseNews

Hanley Arranges $3.9 Million Sale of Single-Tenant Property in Southern California

by Hayden Spiess

Fountain Valley, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $3.9 million sale of a single-tenant property located in Fountain Valley. McDonald’s occupies the 3,500-square-foot property on an absolute triple-net ground lease. Built in 2011, the development is situated on an outparcel adjacent to a Costco. Bill Asher and Jeff Lefko of Hanley, in association with Fred Encinas of Oaks Commercial Real Estate, represented the seller, a California-based family trust, in the transaction. Robert Tran of HPT Realty represented the buyer. 

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Walgreens_Tampa-Fla
FloridaInvestment salesNet leaseNews

Marcus & Millichap Arranges $6.1 Million Sale of Single-Tenant Property in Tampa, Florida

by Hayden Spiess

Tampa, Fla. — Marcus & Millichap has arranged the $6.1 million sale of a single-tenant property located in Tampa. Walgreens occupies the building on a net-lease basis. Ronnie Issenberg, Gabriel Britti and Ricardo Esteves of Marcus & Millichap represented the seller, CP Thunder FS LLC, in the transaction. Evan Kristol and Felipe Echarte of Marcus & Millichap secured the buyer, JJR Apartments LLC, and Chris Marks of Marcus & Millichap arranged acquisition financing. 

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