Private Investor Purchases Two-Tenant Pad Building in Rocklin

Private Investor Purchases Two-Tenant Pad Building in Rocklin
Private Investor Purchases Two-Tenant Pad Building in Rocklin

**Private Buyer Acquires Two-Tenant Pad Building in Rocklin for $3.8 Million**

Hanley Investment Group Real Estate Advisors has announced the successful sale of a two-tenant pad building located in Rocklin, California. The property, occupied by U.S. Bank—with a drive-thru—and Animal Urgent Care, sold for $3.8 million.

The 6,122-square-foot building is positioned at 2303 Sunset Boulevard, adjacent to a grocery-anchored shopping center. Built in 2022 on a 1.03-acre parcel, the pad features long-term triple-net leases with both tenants, offering a stable income stream to the new owner.

Eric Wohl, Executive Vice President at Hanley Investment Group, along with Associate CJ Kiehler, represented the seller—a private developer based in Sacramento. The buyer, a private investor, was represented by Avi Narang of BRC Advisors Real Estate Investment Services, based in Los Angeles.

“We generated multiple qualified offers in the first week of marketing,” Wohl commented. “We leveraged Hanley’s broker relationships to close escrow with a broker we had worked on multiple deals with, and we closed at 96% of the list price with a local investor.”

This transaction underscores the continued demand for well-located, income-generating retail properties in the Sacramento suburban market.

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