Monday, October 4, 2010

Marcus & Millichap Sells 13,841-SF Walgreens Building in Daytona Beach, FL

 DAYTONA BEACH, FL, Oct. 4, 2010 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of a 13,841-square foot Walgreens (top left photo)  located in Daytona Beach, FL, according to Bryn D. Merrey, Regional Manager of the firm’s Tampa office.

The asset commanded a sales price of $2,390,000.

Leon Brockmeier (middle left photo) and Patrick O’Halloran, retail investment specialists in Marcus & Millichap’s Tampa and Atlanta office respectively, had the exclusive listing to market the property on behalf of the seller, a Florida-based private investor. 

 The buyer, a limited liability company based out of Florida, was secured and represented by a broker outside of Marcus & Millichap. 

The Walgreens is located at 2620 South Nova Road (SR 5A) in South Daytona Beach.

 “During the marketing period we received over twenty offers on the subject site, which we finally closed with a buyer who the seller and I felt most comfortable with and would close the transaction,” says Brockmeier.

Press Contact: Bryn D. Merrey, Regional Manager, Tampa, (813) 387-4700

No comments: