SoCal Investor Purchases Retail Pad in Rancho Cordova

SoCal Investor Purchases Retail Pad in Rancho Cordova

Hanley Investment Group Real Estate Advisors successfully facilitated the sale of Shops II, a 9,000-square-foot multi-tenant retail pad located at the newly developed Anatolia Marketplace shopping center in Rancho Cordova. The property was sold for $6.08 million.

The seller, Sacramento-based Anatolia Marketplace LLC, was represented by EVPs Bill Asher and Jeff Lefko of Hanley Investment Group. The buyer, a private investor from Orange County, was represented by SVP Frank Vora from Lee & Associates in Riverside.

According to Asher: “We were able to quickly generate multiple offers for this new construction retail pad through our strong broker relationships and ultimately secured a buyer based in Southern California.”

Situated on a 2.04-acre parcel at 4011 Sunrise Blvd., Shops II is fully leased to Pacific Dental Services, Round Table Pizza and Southern Veterinary Partners.

This transaction marks another successful deal completed by Hanley Investment Group Real Estate Advisors as they continue to provide exceptional services within the commercial real estate industry.

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