Transaction Details
Sold
Affluent Calabasas Location
10,000 Square Foot Building
Corner w/Good Parking
35,000 Square Feet of Land
No Retail Competition Nearby
Involved a Seller’s 1031 Exchange
An out of area Owner grew tired of holding onto a property that had been plagued with multiple vacancies over extended periods of time , and hired us to dispose of the asset. Paley Commercial Real Estate was able to achieve a record sales price at the time which allowed our client to perform a 1031 Exchange and provided a steady income stream for nearly identical the purchase price.