Fully Leased Retail Center Sells for $9.25 Mil

By remstaff & By Globe Street | January 11, 2001 at 01:01 AM

SAN CLEMENTE, CA-Reza Etedali of Sperry Van Ness represented both parties in this transaction that garnered more than $217 per sf for the owner/seller.

The 42,613-sf shopping center, located at 641 Camino De Los Mares, is 100% occupied. Major tenants include Krikorian Theaters, Wahoo's Fish Tacos, Blockbuster and Sanwa Bank.

Reza Etedali of Sperry Van Ness' Newport Beach office represented both the seller, Los Mares Theater Plaza, LLC, and the buyer in the transaction.

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