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Hanley Investment Group Arranges Sale of Brand-New Single-Tenant Dunkin’ and Baskin-Robbins for $2.6 Million in Barstow

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BARSTOW, Calif. – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has arranged the sale of a brand-new single-tenant Dunkin’ (formerly known as Dunkin’ Donuts) and Baskin-Robbins in Barstow, Calif. The purchase price was $2.6 million for a 2,600-square-foot building with a drive-thru, representing $1,000 per square foot. 

Hanley Investment Group’s Executive Vice President Bill Asher and Vice President Jeff Lefko represented the seller, an Orange County, Calif.-based partnership. The buyer, a private investor from Los Angeles, was represented by Paul Bahk and James Chin of Realtex Properties, Inc. of Los Angeles. 

“We executed a pre-sale marketing strategy, securing a 1031 exchange buyer based in Southern California, including buyer waiving all contingencies prior to completion of construction,” said Asher. “We closed at 97 percent of the list price and closed escrow shortly after Dunkin’ opened for business.”        

Located midway between Los Angeles and Las Vegas, the 0.68-acre property is located at 2804 Lenwood Road in Barstow, off Interstate-15 freeway (58,000 cars per day) and adjacent The Outlets at Barstow, a popular regional destination. Two million shoppers and 13,000 tour buses annually visit The Outlets at Barstow, which includes a variety of national brands such as Banana Republic, Calvin Klein, Coach, Guess, Kate Spade, Lacoste, Michael Kors, Nike, Old Navy and Polo. 

“Barstow is a popular half-way stop between Los Angeles and Las Vegas,” said Lefko. “Over 60 million people and 19 million vehicles travel through Barstow each year. Several major highways converge in Barstow: Interstate 15, Interstate 40, U.S. Route 66, State Route 58 and State Route 247. It is the perfect place to stop for gas and food. Nearby national and regional restaurants include In-N-Out Burger, Arby’s, Burger King, Carl’s Jr., Chili’s, Chipotle Mexican Grill, Del Taco, Denny’s, Dickey’s Barbecue Pit, El Pollo Loco, IHOP, McDonald’s, Panda Express, Panera Bread, Subway, Starbucks, The Habit Burger and Tommy’s.” 

“The market for single-tenant assets with drive-thrus like Dunkin’ and Baskin-Robbins remains strong in Southern California,” said Asher. “This type of investment continues to be a retail investment of choice for passive investors, especially leased to national name-brand food tenants.” 

Barstow is the second single-tenant Dunkin’ Hanley Investment Group has sold in California in the last six months. Hanley sold a similar single-tenant Dunkin’ in Victorville in 2018. Hanley has sold more standalone pads leased to Dunkin’ in California than any other brokerage company in the last three years.

With more than 20,000 points of distribution in more than 60 countries, Dunkin’ Brands is one of the world’s leading franchisors of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard-serve ice cream. Dunkin’ Brands is the parent company of two of the world’s most recognized and beloved brands: Dunkin’, America’s favorite all-day, everyday stop for coffee and baked goods, and Baskin-Robbins, the world’s largest chain of ice cream specialty shops. Dunkin’ Brands’ 100 percent franchised business model currently includes more than 12,500 Dunkin’ restaurants and nearly 8,000 Baskin-Robbins restaurants.

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Woman airlifted from crash on Sheep Creek and El Mirage Roads Saturday night

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Traffic Accident on El Mirage and Sheep Creek Road
(Photo by Jessica Christopherson)

ADELANTO, Calif. (VVNG.com) — Several people were injured in a T-bone crash at the intersection of Sheep Creek near El Mirage Roads Saturday night.

According to the California Highway Patrol incident logs, the traffic accident was reported at about 9:30 PM on August 8th and involved a silver Chevy Tahoe and a silver Ford F-150.

San Bernardino County Firefighters responded and located the Tahoe with major damage to the passenger side and used extrication tools to remove a young child. A female adult sitting in the front passenger was critically injured and a helicopter was requested to airlift her to a trauma center.

A CHP helicopter H-80 landed in the roadway and subsequently flew the injured woman to Loma Linda University Medical Center.

Jessica Christopherson was on her way home from work when she drove up to the accident and heard children inside the SUV screaming and pulled over to call 911. Jessica said the little girl’s leg was pinned but when firefighters removed her from the vehicle she only had some scrapes.

According to Jessica, the dad in the Tahoe was okay and another little girl was shaken up and all three were taken by ground ambulance to LLUMC. The driver of the pickup truck sustained a gash to the back of his head.

Jessica told VVNG she’s almost been involved in several accidents on El Mirage Road due to people speeding and would like to see at least a 3-way stop sign instead of just one.

The California Highway Patrol Victorville Station is handling the investigation into the cause of the crash.

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Man found dead at High Desert Inn Motel in Hesperia

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HESPERIA, Calif. (VVNG.com) — Police said no foul play was suspected after a man was found dead at the High Desert Inn.

On Thursday, August 6, 2020, at approximately 1:02 a.m., deputies responded to High Desert Inn, located at 14320 Main Street, in reference to a medical aid call.

Sheriff’s spokeswoman Taylor Reynolds said A 59-year-old male was found unresponsive at the incident location. “Deputies did not discover any signs of foul play,” stated Reynolds.

The spokeswoman said the investigation is being handled by the Coroner’s Division and had no other information available for release.

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At least 3 killed, 3 airlifted in 15 freeway crash near Baker

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BAKER, Calif. (VVNG.com) – At least three people have been confirmed killed, and three others were airlifted from a crash that shut down a stretch of 15 freeway Saturday evening.

It happened just after 7 p.m. on the northbound I-15 near Baker after an SUV crashed into the back of a semi truck and caught fire.

When firefighters arrived on scene they located the vehicle fully involved in fire with an unknown amount occupants still trapped inside.

Scanner traffic indicated that the fire quickly spread from the SUV to the semi truck, which was described as a 53-foot general cargo truck loaded with clothing.

Scanner traffic also indicated that three helicopters landed on the freeway to transport a 15-year-old, a child, and the child’s mother to Las Vegas University Medical Center.

In all, 1 person sustained critical injuries, 3 others sustained moderate injuries, and at least 3 people were pronounced deceased onscene with a possible fourth person still in the wreckage, scanner traffic reported.

Firefighters had a knock-down of the fire at about 9:45 p.m.

The identification of the deceased is not expected to be released until next-of-kin has been notified.

Officers from the CHP Barstow Station are handling the investigation into the cause of the accident.

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