Wednesday, November 6, 2013

Crown Wine & Spirits Building Sale in Fort Lauderdale, FL Arranged by Marcus & Millichap


Crown Wine and Spiritis building, 1645 Cordova Road, Fort Lauderdale, FL

FORT LAUDERDALE, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Crown Wine and Spirits, a 8,147 square-foot net-leased property located in Fort Lauderdale, FL. The asset sold for $2,100,000.

Marc E. Strauss
Marc E. Strauss, a First Vice President Investments in Marcus & Millichap’s Ft. Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a limited liability company from Deerfield Beach, FL.  Strauss also secured the buyer, a limited liability company from Ft. Lauderdale, FL.

“This property received a lot of investment interest due to its location in a high-traffic corridor near the Port Everglades cruise ship terminal and its proximity to Winn-Dixie and other retailers in the area,” says Strauss.

Crown Wine and Spirits has been a tenant in the building for 14 years and this particular location ranks as one of the company’s top sales-producing stores.  Crown Wine and Spirits is located at 1645 Cordova Road in Fort Lauderdale, FL.

 For a complete copy of the company’s news release, please contact:

Gregory Matus
Regional Manager / Vice President
Fort Lauderdale, FL
(954) 245-3400

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