This Retail property located in CA was sold for $7,000,000 11 days ago. The brokers of the deal were Steve Serber, Sam Serber, and Makan Mostafavi
Forbix, a nationwide real estate firm, acquired the Santa Monica Car Wash & Detailing property located at 2510 Pico Boulevard in Santa Monica, California. The property is a retail asset and was purchased for a total sale price of $7,000,000.
Summary of transaction details:
Property Type: Retail
Sale Price: $7,000,000
Address: 2510 Pico Boulevard
Market: Santa Monica
The acquisition was made by Forbix with the intention of transforming the property into a QuikWash location in Southern California. The car wash will operate as a hand car wash until the necessary construction permits are secured. The sale of the property was facilitated by MG Equities and Serber Capital, with Makan Mostafavi representing MG Equities and Sam Serber & Steve Serber representing Serber Capital.
Article from Traded.co