CBC Advisors Arranges $6.9 Million Sale of Rite Aid-Leased Property in Southern California

by Camren Skelton

San Jacinto, Calif. — Coldwell Banker Commercial Advisors (CBC Advisors) has arranged the $6.9 million sale of a 17,272-square-foot building leased to Rite Aid in San Jacinto.

John Archibald and Guillermo Olaiz of CBC Advisors arranged the transaction on behalf of the seller, and Ernie Farhat of Sanjo Investments represented the buyer. Other terms of the transaction were not disclosed. The single-tenant, net-leased pad anchors Mountain View Plaza, which is home to 7-Eleven, Denny’s and Panda Express. 

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