Marcus & Millichap Brokers $6M Sale of Lake Alfred Retail Residential Or Commercial Property
December 6, 2020
Marcus & & Millichap has brokered the $6 million sale of a 3,500-square-foot retail home net-leased to 7-Eleven in Lake Alfred, FL. Situated at 180 N Lake Coast Method, the brand-new construction is net-leased to 7-Eleven on a 15-year charge basic lease.
Gabriel Britti and also Ronnie Issenberg of Marcus & & Millichap’s Miami workplace, in addition to Kevin O’Hanlon of Marcus & & Millichap’s Boston workplace stood for the seller, a minimal responsibility business, in the transaction.
“There were numerous all cash money provides on the offer, revealing the strong demand for Florida, debt lessee, absolute, net-lease solitary renter financial investments specific filling station with accelerated depreciation,” stated Issenberg.
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Share this post Tags: Retail Published at Sun, 06 Dec 2020 21:50:03 +0000