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| Dana Speer |
PORT CHARLOTTE, FL –
Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment
services firm with offices throughout the United States and Canada, announced
the sale of Taco Bell, a 2,818-square foot net-leased property located in Port
Charlotte, Florida, according to Richard D. Matricaria, regional manager of the
firm’s Tampa office. The asset sold for $3,050,000.
Dana Speer,
associate, and James Medefind,
senior associate, both in Marcus & Millichap’s Tampa office, had the
exclusive listing to market the property on behalf of the seller, a private
investor. The buyer was represented by Brian Munn, vice president investments
in Marcus & Millichap’s Atlanta office.
Taco Bell is located at
1710 Tamiami Trail in the heart of the retail corridor in Port Charlotte,
Florida. Port Charlotte is halfway between Sarasota and Naples on Florida’s
southwest coast.
The property is an
outparcel in Murdock Plaza, and is located less than a quarter mile to Port
Charlotte Town Center Mall, a Simon-owned regional mall anchored by Macy’s,
Dillard’s, JCPenney, Sears and Bealls. Other area retailers include Walmart,
Lowe’s, Publix, Kohl’s, Kmart, Target and Walgreens.
“By executing our
comprehensive marketing plan we were able to procure multiple offers, which
resulted in a quick close at over $1,000 per square foot on behalf of our
client,” says Speer.
For a complete copy of the company’s news release,
please contact:
Richard D. Matricaria
Vice President/Regional
Manager
Tampa, FL
(813) 387-4700
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