Monday, August 3, 2015

NAI Realvest Retail Team closes Sales of Mixed-use, Retail Properties in Orlando Totaling More than $1.01 Million


Kevin O'Connor
ORLANDO, FL – NAI Realvest recently negotiated two commercial property sales – a downtown Orlando building and a vacant parcel near the airport for a Popeye’s restaurant – totaling $1,012,500.00.     

The NAI Realvest retail team of Kevin O’Connor, Matt Cichocki and Mitch Heidrich negotiated the investment purchase of 63 E. Pine St. for $737,500.00, representing the local buyer 63 E. Pine Street LLC.  

The two-story downtown building with 7,458 useable square feet houses Golden Knife Chop House restaurant on the first floor.  Robinson Street Corporation of Winter Park was the seller.

O’Connor, Cichocki and Heidrich also negotiated the $275,000 sale price for a vacant retail parcel at 1500 McCoy Rd. representing the local seller, RAI Restaurants. 

The Dallas-based buyer Pop Florida Properties, LLC intends to develop a Popeye’s restaurant on the 1.34-acre site.   Ryan Phelps of Orange Capital Investments represented the buyer.

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

Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

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