Just a quick update for those who were following this transaction:
Our Del Taco listing in Norco (2552 Hamner Ave) sold for $1,150,000 after an aggressive 90-day marketing campaign on August 10th, 2011. Dozens of offers were generated by calling surrounding and like-kind property owners, reaching out to investors who were in an exchange and looking for an upleg, reaching out to active brokers also specializing in NNN deals, and simply creating a buzz around the NNN investment and Del Taco franchise communities.
Despite all of the roadblocks and obstacles this deal faced, we were able to successfully close the transaction with an all-cash buyer with minimal contingencies.
To talk about the details of this deal and how we can help you successfully list and sell your commercial property, feel free to give me a call any time. (818) 400-7557