Wednesday, November 10, 2010

NAI Realvest Negotiates $605,000 Sale of former Arby’s Restaurant Property to FDOT for roadway plans in Casselberry, FL


MAITLAND, Fla. – NAI Realvest recently completed the sale of a 2,599 square foot former Arby’s restaurant on a .66-acre site at 6700 S. US Highway 17-92 in Casselberry for $605,000.

The NAI Realvest team of Kevin O'Connor (top right photo) and Matt Cichocki (lower left photo), principals, negotiated the transaction representing the seller, CNL APF Partners, LLP of Orlando, and the buyer, Florida Department of Transportation (FDOT) in DeLand.  

Cichocki said the FDOT purchased the property as part of its right-of-way acquisition to facilitate the construction of the
US Highway 17-92 /SR 436 flyover.  The property is designated to become a retention pond, per DOT roadway plans.

For more information,  contact:
Matt Cichocki, Principal NAI Realvest, 407-875-9989, mcichocki@realvest.com
Kevin O’Connor, Principal NAI Realvest, 407-875-9989, koconnor@realvest.com
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

No comments: