Business News • 1888 Press Release • Hanley Investment Group Sells Single-Tenant NNN Leased Restaurant Investment in Pico Rivera, Calif. for $1.4 Million |
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
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.
View More : http://www.1888pressrelease.com/hanley-investment-group-sells-single-tenant-nnn-leased-resta-pr-376417.html
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