Hanley Investment Group Real Estate Advisors arranged the $6.9-million sale of two adjacent single‑tenant pads leased to Quick Quack Car Wash and Popeyes in Murrieta. The transaction closed before Popeyes commenced construction and opened for business.
SVP Sean Cox and EVP Bill Asher of Hanley represented the seller, a private developer based in Orange County. The buyer, a private 1031 exchange investor based in California’s Central Valley, was represented by Brendan Tyoran and Jake Linsky of Matthews Real Estate Investment Sales.
“We generated multiple qualified offers from California‑based buyers and ultimately procured an all‑cash 1031 exchange buyer,” said Cox. “We strategically marketed the property promoting Quick Quack’s rare upcoming 12% rent increase to help maximize value and secure premium pricing for the seller.”
The Quick Quack and Popeyes properties are located at 60640 and 60642 California Oaks Rd., respectively. Both tenants operate under triple-net ground leases.
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