Hanley Investment Group arranges sale of Walgreens in Lake Elsinore for $10.5M

LAKE ELSINORE – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced recently that the firm has arranged the sale of a single-tenant net-leased investment occupied by Walgreens in Lake Elsinore. The single-tenant Walgreens is located off the Diamond Drive/Railroad Canyon exit off Interstate 15 with traffic volumes exceeding 132,000 cars per day. The sale price was $10.5 million. Hanley Investment Group’s executive vice presidents, Jeremy McChesney, Bill Asher and Jeff Lefko, represented the seller, Diamond Properties in Foster City. The buyer was a private investor based in Irvine and was represented by Oliver Wang of RE/MAX Premier Properties in Arcadia. “We generated eigh
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