Friday, November 15, 2019

Kissimmee, FL SunTrust property sold for $1.75 million


Kane Morris-Webster 


TAMPA, FL -- B+E, the first tech-driven brokerage and trading platform for net lease real estate, announced the sale of the SunTrust property located at 3109 W. Vine Street, Kissimmee, FL 34741 for $1,750,000.

The seller is East Coast Acquisitions and the buyer is a private investor.  The building is +/- 3,172 on +/- 1.13 acres of land and includes parking. The property carries a seven-year lease and sold at a cap rate of 5.77%.


SunTrust property, 3109 West Vine Street, Kissimmee, FL

"This property was highly sought after due to Florida’s tax environment, the demographics, tenant segment, location and being a newer build,” said Kane Morris-Webster of B+E. 

“We took to market and received multiple offers in the first 30 days.  Then were able to assist the seller in finding the right buyer.”

For more information, please contact Kane Morris-Webster at kmw@benetlease.com or go to www.benetlease.com.

 

 Contact:

John Vita
John Steven Vita Communications
847/853-8283

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