Pinellas Park and Largo, Fla. — Marcus & Millichap has arranged the $13.7 million sale of a three-property retail portfolio totaling 22,631 square feet located outside St. Petersburg in Pinellas Park and Largo. Gabriel Britti, Ronnie Issenberg and Jonathan Gerszberg of Marcus & Millichap represented the seller, an undisclosed local developer, and the buyer, a limited […]
MIAMI — Marcus & Millichap has brokered the $16 million sale of a freestanding CVS/pharmacy-occupied retail property located in Miami. The 14,989-square-foot building is situated on a 2.4-acre parcel, a portion of which is subleased to Wendy’s. Ronnie Issenberg, Gabriel Britti, Ricardo Esteves and Kevin O’Hanlon of Marcus & Millichap represented the sellers, an entity […]
Investment Highlights: ■ Operated by Flynn Restaurant Group, the Largest Franchise Operator in the United States with more than 2,400 Restaurants and $3.5 Billion in Annual Revenue ■ Very Strong, Increasing Year over Year Sales ■ Rare Freestanding Single Tenant Wendy’s in the DC Metro Market – 6 Miles from The White House ■ Affluent […]
Investment Overview: Marcus & Millichap is pleased to present for sale this Brand-New Absolute Net Leased Regions Bank located on the South West Corner of Narcoossee Road and Laureate Boulevard in Orlando, Florida. The freestanding single-tenant property consists of a 2,700 Square Feet building and is situated on a 1.02 Acre parcel of land. The […]
Investment Highlights: ■ Very Rare Corporate Backed KFC Restaurant with Drive Thru with more than 17 Years Remaining on the Base Term of the Lease ■ Located at the Signalized Entrance to a Marshalls, Tuesday Morning and Aldi Anchored Power Center ■ Strong Traffic Counts: Less than 600 Feet from the Signalized Intersection of Dixie […]
Investment Highlights: ■ Checkers Restaurant Drive In with Corporate Guaranteed Lease ■ Excellent Exposure: Traffic Counts Exceeding 56,500 Vehicles Per Day ■ Pompano Beach is Centrally Located Between Miami and Palm Beach County (33 Miles from Each) ■ Dense Population: More than 19,000 People in a 1-Mile Radius and 320,000 People in a 5-Mile Radius […]
A high-profile property on the corner of Collins Avenue and Fifth Streets in Miami Beach has sold for $33 million, just slightly above its 2014 sales price, according to brokerage Marcus & Millichap. The seller, D & R Design District LLC, registered under real estate investor Sam Herzberg, purchased the commercial property at 509 Collins Ave. for […]
As reported in The Real Deal. Investor Sam Herzberg sold a Walgreens-leased property on the corner of Collins Avenue and Fifth Street in Miami Beach to Allied Partners for $33 million. Property records show Herzberg’s D&R Design District LLC sold the two-story 22,875-square-foot building at 509 Collins Avenue. Walgreens has more than 14 years left […]
ALLENTOWN, PA — Marcus & Millichap announced the sale of Walgreens, a 15,064 s/f net-leased property located in Allentown, according to Ryan Nee, regional manager of the firm’s Miami office. The asset sold for $5.75 million. The buyer was secured and represented by Gabriel Britti, Ricardo Esteves and Ronnie Issenberg, investment specialists in Marcus & […]
Consolidated Tomoka has sold a 10,430-square-foot CVS Pharmacy in downtown Dallas. Marcus & Millichap represented the seller and procured the buyer, a Florida-based 1031 exchange investor. Delivered in 2016, the property is immediately adjacent to three residential high-rises. Located at 2501 N. Field St., the pharmacy is less than 4 miles away from Children’s Medical Center […]
