Hanley Investment Group Brokers $4.3M Sale of Starbucks-Occupied Retail Property in Azusa, California

Hanley Investment Group Brokers $4.3 Million Sale of Single-Tenant Retail Property in Southern California

Azusa, Calif. — Hanley Investment Group Real Estate Advisors has negotiated the sale of a newly renovated single-tenant retail property in Azusa, approximately 27 miles northeast of downtown Los Angeles. Los… The post Hanley Investment Group Brokers $4.3 Million Sale of Single-Tenant Retail Property in Southern California appeared first on Shopping Center Business.

Hanley Investment Group Brokers $4.3M Sale of Starbucks-Occupied Retail Property in Azusa, California

AZUSA, CALIF. — Hanley Investment Group Real Estate Advisors has negotiated the sale of a newly renovated single-tenant restaurant property at 843 Arrow Highway in Azusa. Los Angeles-based California Icon LLC sold the asset to Glendale, Calif.-based MTSA Properties for $4.3 million. The 3,800-square-foot Starbucks Coffee-occupied building was originally constructed in 1970 and renovated in 2025 to meet the company’s newest prototype. The propert…