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| DaVita Dialysis Building, 1971 Salk Avenue, Tavares, FL |
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Joe Powers |
TAVARES, 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 DaVita Dialysis, an 8,300 square foot net-leased property located at 1971 Salk Avenue in Tavares, FL, according to Joe Powers, regional manager of the firm’s Chicago Downtown office, and Ryan Nee, regional manager of the firm’s Fort Lauderdale office and Broker of Record for the State of Florida .
The asset sold for $2,600,075.
The buyer, a private investor, was secured and represented by Mitchell Kiven, an investment specialist in Marcus & Millichap’s Chicago Downtown office.
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| Ryan Nee |
After conducting a market rent analysis of the submarket, Mitchell determined that the DaVita property was an ideal fit for his client, due to the rent structure, as well as the fact that this is a relocation clinic scheduled to open in the next month.
These factors, combined with DaVita credit, made this opportunity an ideal fit for the buyer, and a sought-after opportunity for the market writ large. There were multiple offers and the transaction closed at full asking price.
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| Mitchell Kiven |
CONTACTS:
Joe Powers
Regional Manager,
Chicago Downtown
(312) 327-5400
Daniella Aragon | ||||
Marketing Coordinator/ Certified Agent Support Specialist | ||||
5201 Blue Lagoon Drive, Suite 100, Miami, FL 33126 | ||||
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