**Private Buyer Acquires Two-Tenant Pad Building in Rocklin for $3.8 Million**
Hanley Investment Group Real Estate Advisors has brokered the sale of a two-tenant retail pad building in Rocklin, California, for $3.8 million. The 6,122-square-foot property, located at 2303 Sunset Blvd., is home to U.S. Bank, which includes a drive-thru, and Animal Urgent Care. Built in 2022 on a 1.03-acre site, the building sits adjacent to a grocery-anchored shopping center and features long-term triple-net leases with both tenants.
Eric Wohl, Executive Vice President at Hanley Investment Group, and associate CJ Kiehler represented the seller, a Sacramento-based private developer. The buyer, a private investor, was represented by Avi Narang of BRC Advisors Real Estate Investment Services in Los Angeles.
“We generated multiple qualified offers in the first week of marketing,” said Wohl. “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.”
