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Hanley Investment Group Completes Sale of New Two-Tenant Retail Property in Foothill Ranch, Calif. for $5.7 Million

Sale includes New Dunkin’ Donuts Drive-Thru and MOD Pizza in Orange County

FOOTHILL RANCH, Calif. – (RealEstateRama) — Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a new two-tenant retail building occupied by Dunkin’ Donuts/Baskin Robbins Drive-Thru and MOD Pizza at 26722 Portola Parkway in Foothill Ranch, Calif. The 4,150-square-foot pad building is part of Foothill Ranch Towne Centre, a regional shopping center in Orange County that includes major tenants Target, Hobby Lobby, Michaels, Old Navy and 99 Cents Only Stores. The sale price was $5.7 million.

Hanley Investment Group’s Executive Vice President Bill Asher and President Ed Hanley represented the seller, Spectrum Development Group based in Irvine, Calif. The buyer, a private investor from Newport Beach, Calif., was represented by John Carpenter of The 949 Group in Irvine, Calif.

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Hanley Investment Group

Hanley Investment Group Real Estate Advisors is a boutique real estate brokerage and advisory services company with a $6+ billion transaction track record that specializes in the sale of retail properties nationwide. Our expertise, proven track record, and unwavering dedication to putting clients' needs first, sets us apart in the industry.

Hanley Investment Group creates value by delivering exceptional results through the use of property-specific marketing strategies, cutting-edge technology, and local market knowledge. Our nationwide relationships with investors, developers, institutions, franchisees, brokers, and 1031 exchange buyers are unparalleled in the industry, translating into maximum exposure and pricing for each property. With unmatched service, Hanley Investment Group has redefined the experience of selling retail investment properties. For more information, visit www.hanleyinvestment.com.

Contact:
Phone: (949) 585-7610