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| Dixie Plaza, Oakland Park, FL |
OAKLAND PARK, FL – Marcus & Millichap Real Estate
Investment Services, the nation’s largest real estate investment services firm,
has announced the sale of Dixie Plaza, a 14,375 square-foot street
retail property located in Oakland Park, FL.
The asset commanded a sales price
of $1,280,000.
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| Barry M. Wolfe |
Vice President Investments Barry M. Wolfe, First Vice
President Investments Marc E. Strauss and Associate Richard Moravek
in Marcus & Millichap’s Ft. Lauderdale office had the exclusive listing to
market the property on behalf of the seller, a private investor from Fort
Lauderdale, FL. The buyer, a private
investor from Oakland Park, FL was secured and represented by Strauss and
Moravek.
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| Marc E. Strauss |
Dixie Plaza is a well-maintained retail plaza owned by the
same owner since 1984. The plaza traditionally has maintained very strong
occupancy.
Long term tenants include the Peace Pipe (1998), The Fox and
the Hounds Bar (1996), Armen Realty (1997) and Living Reef (2006). These
tenants, in addition to Mr. Motor Scooter, Burrito Loco restaurant and more
result in a diverse tenant mix without competition from each other.
Dixie Plaza is located at 4800 North Dixie Highway.
For a complete copy of the company’s news release, please
contact:
Gregory Matus
Vice President/Regional Manager,
Fort. Lauderdale, FL
(954) 245-3400
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