Wednesday, August 3, 2011

stan johnson company completes $5.35 Million sale of CVS Pharmacy building in Naples, FL


               

NAPLES, FL, Aug. 3, 2011 – Stan Johnson Company, one of the nation’s premier net lease brokerage firms, has completed the sale of a 13,824-square-foot retail building 100 percent leased to CVS Pharmacy, located at 6800 Collier Blvd. In Naples, FL.

 The buyer was Lincoln, Neb.-based RTG, LLC.  The transaction is valued at $5.35 million or $387 per square foot.

“RTG, LLC successfully qualified to assume to the existing loan from Prudential,” said Mike Parker (bottom left photo), CCIM, who, along with Jim Gibson (top right photo), both of Stan Johnson Company, represented the seller, Phoenix-based S3G Holdings, LLC.  The buyer represented itself.

 Built in 2003, the building is situated on 2.23 acres of land adjacent to the Tamiami Trail.

Contact: David Ebeling, Ebeling Communications, (949) 278-7851
                 

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