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Home > Commercial Real Estate News > Real Estate Sales Activity > 308 Palm Avenue - SOLD

308 Palm Avenue - SOLD

By Peter Borneman on Dec 12, 2011 at 09:26 AM in in Real Estate Sales Activity
308 Palm Avenue
308 Palm Avenue

Pacifica Commercial Realty is pleased to announce the investment sale of 308 Palm Avenue by Peter Borneman representing the Seller.  The asking price of $1,090,000 and a 5.5% CAP offered a 10-year lease with the existing tenant for a 2-year old practically new M-1 building on 7,000 SF of land.

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