Lee & Associates – North San Diego County Negotiates a $1.725 Million Investment Sale
VISTA, Calif.—September 24, 2014—Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $1,725,000 investment sales transaction for a 5,582 square foot retail building located at 3295 Business Park Drive.
Ryan Litrich of Lee & Associates – North San Diego County represented the seller, Sorrento Square, LLC, and the buyer, 3295 Business Park, LLC. Litrich mentioned that the existing building is located on almost an acre of land, a highly visible pad building at the front of an established retail center on Palomar Airport Road. This transaction represented a classic example of re-positioning underutilized real estate. Buyer plans to re-model and re-tenant the majority of the building.
About Lee & Associates
Celebrating more than 35 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the country with 50 locations across the nation including California, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, South Carolina, Texas, and Wisconsin. With almost 800 brokers nationwide, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional and national level. Additional information can be found at http://www.lee-associates.com. You can also follow us on Facebook, LinkedIn and Twitter.