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| Daniel Hurd |
ORLANDO, 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 a 9,200-square foot Family Dollar located in Orlando, Florida, according to
Ari Ravi, regional manager of the firm’s Tampa office. The asset sold for
$1,850,000.
Daniel Hurd,
associate in Marcus & Millichap’s Tampa office, had the exclusive listing
to market the property on behalf of the seller and procured the buyer.
“We were able to secure multiple
offers on the asset as a result of our targeted marketing campaign,” says Hurd.
“The property was secured by an all cash, international investor, saw
significant opportunity and growth potential within the Orlando market.”
The 9,200-square foot
Family Dollar was built in 2010 on approximately 1.38 acres located at 14254
East Colonial Drive in Orlando, Florida. It is located in a densely populated
area with 172,283 residents within a five mile radius and positioned directly on
Colonial Drive with traffic counts in excess of 48,470 vehicles per day.
For a complete copy of the company’s news release,
please contact:
Ari Ravi
Regional Manager, Tampa
(813) 387-4700
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