Marcus & Millichap Brokers $6M Sale of Lake Alfred Retail Residential Property

Marcus & Millichap Brokers $6M Sale of Lake Alfred Retail Residential Or Commercial Property

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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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