JUST CLOSED!
Exer Urgent Care
3215 N. Sepulveda Boulevard (Pacific Coast Hwy), Manhattan Beach, CA
CBRE | SoCal Retail – Investment Sales & Leasing Advisory Services is pleased to announce the closing of Exer Manhatan Beach.
Special thank you to our listing partners Mike McKinney and Nancy Bush of Lyon Stahl.
BUILDING SF ±5,022
LAND ACRES 0.39
OCCUPANCY 100%
LEASE TYPE (Single Tenant) Absolute NNN
CLOSING HIGHLIGHTS
• Through a strategic asking price and comprehensive multitiered marketing campaign, the Team created a highly competitive environment for the property resulting in 75 + OM downloads and 10 + offers within ONE WEEK of release.
• Timeline from launch to market to closing = 30 days.
• The Team selected a highly qualified, local Trust buyer in a 1031 exchange with aggressive pricing, minimal due-diligence timeline, and closing timeframes.
• The Team leveraged the CBRE platform to create best-in-class marketing materials in an expedited time frame over the holidays.
• The property was strategically released to the market in the first week of January. The Team recognized a backlog of 1031 trade demand and lack of quality inventory through real time market feedback.
• Irreplaceable Manhattan Beach location. The property features an Absolute NNN Lease with a strong twenty-three (23) unit Southern California Urgent Care Operator.
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Team Website
SIMON MATTOX
Vice President
Lic. 01732008
+1 310 363 4809
simon.mattox@cbre.com
DAN RILEY
Senior Vice President
Lic. 1057519
+1 310 363 4899
dan.riley@cbre.com
AUSTIN WOLITARSKY
Senior Associate
Lic. 01957206
+1 310 363 4922
austin.wolitarsky@cbre.com
BILL DURSLAG
Senior Vice President
Lic. 00498427
+1 213 613 3106
bill.durslag@cbre.com
KYLE WOODS
Associate
Lic. 02034325
+1 310 363 4785
kyle.woods@cbre.com
CBRE | SoCal Retail – Investment Sales & Leasing Advisory Services
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