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Wednesday, May 29, 2013

Palm Desert Retail Sold for $1.3M

RayBrenCam Holdings LLC purchased the NAPA Auto Parts at 42100 Beacon Hill in Palm Desert, CA for $1.3 million, or about $118 per square foot, from LV Investments LLC. The buyer had been leasing the property since 2001, and approached the seller directly. Built in 2001, the retail property totals 11,000 square feet on less than one acre at the southeast corner of Beacon Hill and Mayfair Dr. in Riverside County. No brokers were involved in the...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Palm-Desert-Retail-Sold-for-$13M/148854?ref=/News/Article/Palm-Desert-Retail-Sold-for-$13M/148854&src=rss

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