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Home | Hanley Investment Group Sells Single-Tenant NNN Leased Restaurant Investment in Pico Rivera, Calif. for $1.4 Million |
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Hanley Investment Group Sells Single-Tenant NNN Leased Restaurant Investment in Pico Rivera, Calif. for $1.4 Million
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- February 23, 2012
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Kevin T. Fryman of Hanley Investment Group Real Estate Advisors represented the seller in the sale of a single-tenant NNN leased investment, La Barca Restaurantes, a 3,664 sq. ft. restaurant in Pico Rivera, Calif., offering authentic, fresh-made Mexican food. The purchase price was $1,400,000, which represented a cap rate of 6.50%. The tenant has 7 years remaining on the lease.
Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that Kevin T. Fryman represented the seller in the sale of a single-tenant NNN leased investment, La Barc...
- Read more at:http://www.1888pressrelease.com/hanley-investment-group-sells-single-tenant-nnn-leased-resta-pr-376417.html
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