RealSource Group, a national commercial real estate brokerage company specializing in investment sales, sale‑leasebacks and tenant representation, has arranged the sale of two new-construction, single-tenant Quick Quack Car Wash properties in Murrieta and Riverside. Each property is secured by a new 20‑year absolute triple-net ground lease. The combined sales price was $8.63 million.
SVP of investment sales Austin Blodgett and senior associate Jonathan Schiffer, CCIM, represented both sellers, two private Southern California-based developers. Located at 39480 Murrieta Hot Springs Rd., the Murrieta property sold for $4.53 million to a private international investor, represented by Dustin Lee of JK Realtage Group, Inc. The Quick Quack Car Wash located at 3605 Van Buren Blvd. in Riverside sold for $4.1 million to a private Los Angeles-based investor, who represented themselves…