Tuesday, June 16, 2020

Tire Kingdom Tampa Sold for $1.2 Million



Ronnie Issenberg
TAMPA, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Tire Kingdom,a 5,904-square foot net-leased property located in TampaFL, according to Scott Lunine, Regional Manager of the firm’s Miami office. The asset sold for $1,255,384.

Gabriel Britti and Ronnie Issenberg, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a private investor.  The buyer, a limited liability company, was secured and represented by the two brokers.

Tire Kingdom is located at 7602 W Hillsborough Ave in Tampa, FL and has just over eight years remaining on an absolute net lease. 

Gabriel Britti 
“Essential businesses continue to be a major focus for private investors,” says Issenberg.  “Tire Kingdom is a great company that  performs well during economic downturns. 

"We listed a couple more for sale this week and already have multiple offers” says Britti.   


CONTACT:

Scott Lunine
Vice President
Regional Manager
Miami, FL
(786) 522-7000


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