Saturday, March 9, 2019

Marcus & Millichap Arranges $2.7 Million Sale of 3,950-SF Starbucks/Verizon Center Retail Site in Pensacola FL


Starbucks/Verizon, 2200 W Nine Mile Road, Pensacola, FL

 
Michael L. Glass
PENSACOLA, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Starbucks/Verizon Center, a 3,950-square-foot retail property located in Pensacola, FL, according to Michael L. Glass, regional manager of the firm’s Columbus office. The asset sold for $2,700,000.

Dan Yozwiak
Dan Yozwiak and Nathan Coe, investment specialists in Marcus & Millichap’s Columbus office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. 

  The buyer, a private investor, was secured and represented by Carlos Zendejas. Ryan Nee, Regional Manager, Broker of Record for the firms Fort Lauderdale office, assisted in closing this transaction.


Carlos Zendejas
Starbucks/Verizon Center is located at 2200 W Nine Mile Road in Pensacola, Florida. The property sits on 1.25 acres and is located at a four-way intersection.

The property features a drive thru and 35 parking spaces with Starbucks recently undergoing an interior remodel.

 This area has recently undergone explosive growth both in residential development as well workforce expansion in the office and retail sector.

Ryan Nee


CONTACT:

Kelly Slover
Certified Agent Support Specialist
Marcus & Millichap
Crown Centre
5005 Rockside Road, Suite 800
Independence, OH 44131
(216) 264-2000 main
(216) 264-2010 fax
kelly.slover@marcusmillichap.com




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