Tuesday, January 15, 2019

Marcus & Millichap Arranges $350,000 Sale of Naples, FL Office Building


Jaclyn Blair

NAPLES, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of St. Andrews Boulevard Office, a 3,130-square foot office property at 101 St. Andrews Boulevard in Naples, Fla., according to Ari Ravi, regional manager of the firm’s Tampa office.

 The asset sold for $350,000.

Jaclyn Blair, an investment specialist in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. 

St. Andrews Boulevard Office Building
101 St. Andrews Boulevard, Naples, FL
“We generated three competitive offers and ultimately sold to a cash buyer that offered a quick closing with no contingencies,” says Jaclyn Blair.

St. Andrews Boulevard office is a free-standing property with large amounts of parking in Naples. Originally built in 1973, the property is currently being used as a school. Zoning allows the property to be used for similar purposes including an adult day care. It is one block off of the heavily traveled U.S. 41 with 40,000 cars per day.

CONTACTS:

Ari Ravi
Regional Manager, Tampa
(813) 387-4700


Whitney Davis
Marketing Coordinator
Marcus & Millichap
201 North Franklin St.
Suite 1100
Tampa, FL 33602
(813) 387-4700 main
(813) 387-4743 direct
(813) 387-4710 fax
whitney.davis@marcusmillichap.com




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