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| James Medefind |
WINTER
GARDEN, 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 Havoline Xpress Lube, a 2,298-square foot
net-leased property located in Winter Garden, Fla., according to Richard D.
Matricaria, regional manager of the firm’s Tampa office.
The asset
sold for $665,000.
James Medefind, senior associate, and James Garner, associate, in Marcus
& Millichap’s Tampa office, had the exclusive listing to market the
property on behalf of the seller, a limited liability company.
Havoline
Xpress Lube is located at 12304 West Colonial Drive in Winter Garden, Florida.
It sits on busy West Colonial Drive at the major interchange between State Road
429 and the Florida Turnpike.
Winter Garden is a quiet suburb of Orlando in
an ideal location less than 20 minutes to both Disney World and downtown
Orlando.
Havoline
Xpress Lube is less than three miles from the West Oaks Mall and is surrounded
by national retailers including Mattress Firm, Walgreens, Big Lots, Taco Bell,
Starbucks, Burger King and McDonald’s among others.
“We drove 11
offers to this opportunity, five of which came from out of area. Our access to
out of area investors who are aggressive in these markets ultimately allowed
our client to close the deal at 98 percent of list price,” says Garner.
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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