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| CVS Property, 4890 Tamiami Trail East, Naples, FL |
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| Alan Lipsky |
NAPLES , FL, Sept. 13, 2018 – Marcus & Millichap (NYSE:
MMI), a leading commercial real estate investment services firm with offices
throughout the United States and Canada, announced the sale of CVS, a
13,824-square foot net-leased property located in Naples, Fla., according to
Ryan Nee, vice president / regional manager of the firm’s Fort Lauderdale
office.
The asset sold for
$7,300,000.
“We received numerous offers for the property and closed at an aggressive
cap rate with a local buyer in the Naples area,” stated
Alan Lipsky, a vice president of investments, in Marcus & Millichap’s
Fort Lauderdale office.
Lipsky, Barry M. Wolfe, senior managing director investments, and Evan
Whelan, associate, all located in Marcus & Millichap’s Fort Lauderdale
office, had the exclusive listing to market the property on behalf of the
seller, a private investor.
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| Barry M. Wolfe |
The buyer, a private investor, was
secured and represented by Stephen Westerberg, first vice president investments, in Marcus
& Millichap’s Stamford office.
CVS is located at 4890 Tamiami Trail East in Naples. The property is located
off Tamiami Trail, which has a Daily Traffic Count of approximately 42,000
Vehicles.
Contact:
Ryan Nee
Vice President / Regional Manager,
Fort Lauderdale, FL
(954) 245-3400
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