PERRIS, CALIF. — An Orange County, Calif.-based private partnership has completed the disposition of a restaurant property located at 2560 N. Perris Blvd. in Perris. A Riverside County, Calif.-based local family office acquired the asset for $3.7 million, or $1,706.82 per square foot.
KFC occupies the single-tenant 2,200-square-foot building, which features a drive-thru, on a net-lease basis. The property was built in 2022.
Bill Asher and Jeff Lefko of Hanley Investment Group, along with Greg Bedell of Progressive Real Estate Partners, represented the seller, while Howard Rosenthal and Guy Excell of Hemet, Calif.-based Rosenthal & Excell Commercial Real Estate represented the buyer in the deal.