Lee & Associates – North San Diego County Completes Sale of Little Caesars in Pico Rivera, CA
Pico Rivera, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $1,158,000.00 sale of a 1,252 SF Little Caesar’s investment property located at 9209 Telegraph Rd in Pico Rivera, CA. This Little Caesar’s is a new location located in Pico Rivera, in Los Angeles County, California (the “Property”). The build to suit property was completed in late December and consists of a 1,252-square-foot retail building with a drive-thru that sits on an approximately 0.16-acre parcel. The subject property is situated on a hard corner signalized intersection along Telegraph Rd, offering outstanding signage and visibility to 26,000+ cars per day. Telegraph Rd is a major retail/commuter corridor in the area, offering quick access to Interstate 5 just a few blocks from the site. Additionally, the property is located in a dense infill location, with nearly 62,000 households within a 3-mile radius of the site.
Ryan Barr & Ryan Bennett of Lee & Associates - North San Diego County represented the Seller, NLA Pico Rivera, LLC. The Buyer, Bellside Property Management LLC, was represented by Lee & Associates - Riverside.
Barr & Bennett Net Leased Investments, a team within Lee & Associates-North San Diego County, specializes in the acquisition and disposition of net leased assets nationwide.
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Lee & Associates is a commercial real estate brokerage, management and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog.