singletenant NNN Latest News

William B. Asher and Patrick G. Kent of Hanley Investment Group Real Estate Advisors represented the seller in the sale of a single-tenant Walgreens at 15318 Roy Rogers Drive in Victorville, Calif. The reported cap rate was 5.69%.

Hanley Investment Group Real Estate Advisors negotiated the sale of two single-tenant Walgreens for a total consideration of more than $13 million. The properties were located in Downey, Calif. and Tucson, Arizona.

Kevin T. Fryman of Hanley Investment Group represented the seller in the sale of a single-tenant NNN leased investment, La Barca Restaurantes, a 3,664 sq. ft. restaurant in Pico Rivera, CA. The purchase price was $1,400,000.