X
Upcoming Stories
California CRE News In Your Inbox .

California   /   May 15, 2019

Dennis Kaiser
By: Dennis Kaiser

Hanley Handles Pre-Sale of Fontana 7-Eleven

Hanley Investment Group Real Estate Advisors arranged the sale of a brand-new, single-tenant 7-Eleven convenience store and gas station in Fontana, CA. The sale price was $2,353,000, representing a 4.25% cap rate, a record-low for a 7-Eleven in San Bernardino County.

The 1.20-acre property will be occupied by a 3,000-square-foot 7-Eleven convenience store and gas station at the intersection of Jurupa and Citrus Avenues, at 16060 Jurupa Ave. 7-Eleven is expected to open later this year.

Hanley Investment Group’s Bill Asher and Jeff Lefko, along with Lee & Associates’ Jon Friesen and Jeff Stanley, represented the seller, Costa Mesa, CA-based The KCS Company. The buyer, an undisclosed Santa Ana, CA-based private partnership, was represented by Darvishian Investment Group, Inc.’s Pasha Darvishian.

Connect
Inside The Story
About the Author

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience.
Email the Author

New call-to-action
New call-to-action
New call-to-action
New call-to-action
© ConnectCRE 2021 / 515 S Figueroa St., Suite 350, Los Angeles, CA 90071.
Contact Us / Policies, Privacy & DisclosuresSubmit Press Release / 
magnifiermenu