Hanley Brokers $2 Million Sale of Single-Tenant Retail Property in Southern California

Yucca Valley, Calif. — Hanley Investment Group Real Estate Advisors has brokered the $2 million sale of a single-tenant retail property located in Yucca Valley. Built in 2023, the property totals 3,596 square feet. Quick Quack Car Wash occupies the property, which is situated within a Stater Bros-anchored shopping center, on a triple-net ground lease. Bill Asher and Jeff Lefko of Hanley represented the seller, a California-based private partnership, in the transaction. The team also represented the buyer, a Pennsylvania-based private investor. According to Asher, the buyer owns a portfolio of similar single-tenant retail properties throughout the country. Quick Quack car wash was founded in 2004 and operates a portfolio of roughly 230 locations across California, Texas, Arizona, Utah and Colorado.