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Home | Hanley Investment Group Sells Single-Tenant Panera Bread in Temecula, Calif. for $2.7 Million; 6.43% Cap Rate; Landmark $560 PSF |
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Hanley Investment Group Sells Single-Tenant Panera Bread in Temecula, Calif. for $2.7 Million; 6.43% Cap Rate; Landmark $560 PSF
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- June 13, 2012
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Hanley Investment Group represented the buyer and seller in the sale of a single-tenant Panera Bread in Temecula, Calif. The purchase price was $2,715,000, representing a 6.43% capitalization rate and $560 per square foot. Located at 41798 Nicole Lane in Temecula, the 4,850 sq. ft. freestanding building is situated on a 1.49-acre parcel of land.
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 Patrick G. Kent represented the buyer and seller in the sale of a single-tenant Panera Bread in Teme...
- Read more at:http://www.1888pressrelease.com/hanley-investment-group-sells-single-tenant-panera-bread-in-pr-402844.html
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