 |
| David Zacharia |
NEWPORT BEACH, CA, June 23, 2016 – Holliday
Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $8.42
million sale of a single-tenant, 57,794-square-foot building fully leased to Sprouts Farmers Market in Las Vegas,
Nevada.
HFF marketed the property
on behalf of the seller, Haggen Property Holdings, LLC. ValueRock Realty Partners out of Irvine,
California, purchased the asset. This is
now the second Sprouts location owned by ValueRock.
Situated on 7.14 acres at
7530 West Lake Mead Boulevard, the location provides easy access to Interstate
95 and is set between the affluent Summerlin community and the Las Vegas Strip.
The property benefits from a dense population
of more than 410,000 residents within a five-mile radius and it has frontage
along Lake Meade Boulevard, which sees approximately 39,805 vehicles per day.
The HFF investment sales
team representing the seller was led by Nick Foster in conjunction with local
Nevada broker David Zacharia of DZ
Net Lease Realty, LLC.
“This was an exceptional
opportunity to own an extremely well-located retail property leased to one of
the nation’s top-performing grocery operators on a long-term basis,” Foster
said.
For a complete copy of the company’s news
release, please contact:
Olivia Hennessey
Public Relations
Coordinator
HFF | 9 Greenway Plaza
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
No comments:
Post a Comment