Hanley Investment Group Real Estate Advisors arranged the sale of a brand-new construction, single-tenant property occupied by a Dutch Bros Coffee Drive-Thru in Beaumont for $1.9 million. The 15-year absolute triple net ground lease was negotiated by Executive Vice Presidents Bill Asher and Jeff Lefko on behalf of the seller and developer, Evergreen Development. Representing the buyer, a private investor based in Riverside County, was Trevor Harris from Triwell Properties Inc., located in Torrance.
Asher noted that “multiple competitive offers were generated to procure an all cash 1031 exchange buyer locally” through pre sale marketing strategies which resulted in closing escrow just one day after opening for business.
