REBusinessOnline

Northern California Investor Buys 36,469 SF Retail Center in Garden Grove for $5.1M

99-Cents-Only-Garden-Grove-CA

99 Cents Only occupies approximately half of the 36,469-square-foot retail property located at 11072 Magnolia St. in Garden Grove.

GARDEN GROVE, CALIF. — A private Northern California-based investor has purchased a retail center located at 11072 Magnolia St. in Garden Grove. DECMAC II, a local investor, sold the property for $5.1 million.

99 Cents Only occupies approximately half of the 36,469-square-foot property, with the remaining space vacant.

Alex Kozakov, Patrick Wade and Matthew Greenberg of CBRE represented the seller, while Jeff Helm of Helm Properties represented the buyer.

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