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Hanley Brokers $4.8M Sale of Southern California Restaurant Leased to Starbucks
Summary by REBusinessOnline
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Hanley Brokers $4.8M Sale of Southern California Restaurant Leased to Starbucks
PERRIS, CALIF. — Hanley Investment Group Real Estate Advisors has brokered the $4.8 million sale of a newly constructed, single-tenant retail property located in the Inland Empire city of Perris. A Starbucks café and drive-thru occupies the 2,200-square-foot building on a 10-year triple-net corporate lease with 10 percent rental increases every five years. Bill Asher and Jeff Lefko of Hanley represented the seller and developer, Yellow Rose Ranc…
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