Newton Petroleum Enterprises acquired the ground lease for two restaurant sites leased to Panda Express and Applebee's in the Jess Ranch Marketplace for $3.8 million, or approximately $499 per square foot. The capitalization rate was 6%.
Newton Petroleum Enterprises acquired the ground lease for two restaurant sites leased to Panda Express and Applebee's in the Jess Ranch Marketplace for $3.8 million, or approximately $499 per square foot. The capitalization rate was 6%.
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19201-G Bear Valley Rd, Apple Valley, CA