Ronnie Issenberg |
MIAMI, 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 three Florida Wendy’s
located in the cities of Ocala, Dunnellon and Tamarac, according to Kirk A. Felici, regional manager of the
firm’s Miami office. The portfolio sold for $7,981,907.
Ronnie Issenberg and Gabriel Britti, investment specialists in Marcus & Millichap’s
Miami office, had the exclusive listings to market the properties on behalf of
the sellers, limited liability companies from Florida.
“We had multiple backup
offers at ask price for these assets, which shows the demand, not only for
South Florida Real Estate, but also for fast food assets” says Issenberg.
“In an economy where most investors are afraid
of the internet and Amazon hurting their retail investments, fast food net-leased
assets really stick out. As of now, you cannot order a hamburger and fries on
Amazon.”
Gabriel Britti |
“In our opinion, QSR
net-leased assets will continue to be the most favorable for investors, which
will lead to cap rates holding steady throughout the next few quarters” adds
Britti.
“We have followed our gut
instinct, have listed, and will continue to list fast food net-leased assets to
fulfill the demand we are seeing from net-leased investors” adds Issenberg.
According to Marcus &
Millichap, Britti and Issenberg are two of the top net-leased brokers in the
United States.
.
For a complete copy of the company’s news release,
please contact:
Ronnie Issenberg / Gabriel
Britti
First Vice Presidents,
Miami
(786) 522-7000
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