Marcus & Millichap Arranges $13.7 Million Sale of Three-Property Retail Portfolio in Metro St. Petersburg, Florida

Marcus & Millichap Arranges $13.7 Million Sale of Three-Property Retail Portfolio in Metro St. Petersburg, Florida

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 […]

875 Drive Martin Luther King Jr Street North

875 Drive Martin Luther King Jr Street North

SALE⁠ IMAGE: Ronnie Issenberg, Ricardo Esteves, & Gabriel Britti⁠ DATE: 09/22/2020⁠ ADDRESS: 875 Dr. Martin Luther King Jr. Street N.⁠ MARKET: St. Petersburg⁠ ASSET TYPE: Retail⁠ PRICE: $2,500,000⁠ SF: 14,208 / PPSF: $176⁠ BROKERS: Ricardo Esteves, Paul Bouldin, Gabriel Britti, & Ronnie Issenberg – Marcus & Millichap⁠ #StPetersburg #Retail #Walgreens #PaulBouldin #GabrielBritti #RonnieIssenberg #RicardoEsteves #MarcusandMillichap

KNOXVILLE – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has announced the sale of a newly constructed Wendy’s. The sale consists of a 2,388 SF restaurant on a large 1.2 acre pad, net-leased property located in Knoxville, according to Scott Lunine, […]

Just Listed! CVS Pharmacy in Daytona Beach, Florida

Just Listed! CVS Pharmacy in Daytona Beach, Florida

Investment Highlights: ■ Lease Guaranteed by Holiday CVS, LLC ■ CVS is Strategically Positioned on the Corner of West International Speedway Boulevard, Daytona Beach’s Premier Tourism Thoroughfare ■ Approximately Three Miles East of the Daytona International Speedway | Home of the Daytona 500 Hosting on Average 100,000 Fans ■ Under Three Miles from Daytona Beach […]

Just Listed! Walgreens in North Carolina

Just Listed! Walgreens in North Carolina

Investment Highlights: ■ Walgreens Corporate Guarantee (NYSE: WBA) – Investment Grade Tenant (S&P BBB) ■ More than 15 Years Remaining on Absolute NNN Lease ■ Absolute NNN – Zero Landlord Responsibility ■ Located on Highly Visible Signalized Corner ■ Fee Simple Allowing for Depreciation ■ Exposure to more than 20,000 Vehicles Per Day ■ Relocation […]

Net-Leased 7-Eleven Trades for $7M in Venice

Net-Leased 7-Eleven Trades for $7M in Venice

Marcus & Millichap has arranged the $6.5 million sale of a net-leased retail property occupied by 7-Eleven in Venice. Located at in Venice, the 3,010-square-foot property was recently constructed and is occupied by 7-Eleven on a 15-year absolute net lease. Gabriel Britti, Kevin O’Hanlon and Ronnie Issenberg of Marcus & Millichap’s Miami office represented the […]