Just Closed! Checkers Drive Thru Restaurant in Pompano Beach, Florida

Just Closed! Checkers Drive Thru Restaurant in Pompano Beach, Florida

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 […]

Steps away from Ocean Drive, Walgreens property in Miami Beach sells for $33 million

Steps away from Ocean Drive, Walgreens property in Miami Beach sells for $33 million

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 […]

Consolidated Tomoka Sells CVS in Downtown Dallas Marcus & Millichap represented the seller and procured the buyer, a Florida-based 1031 exchange investor.

Consolidated Tomoka Sells CVS in Downtown Dallas Marcus & Millichap represented the seller and procured the buyer, a Florida-based 1031 exchange investor.

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 […]

Just Closed! Walgreens NNN Lease

Just Closed! Walgreens NNN Lease

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 […]