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August 9, 2020 Comments Off on Marcus & Millichap Brokers $2M Sale of Net-Leased Retail Property in Fort Myers Views: 730 Central Florida, Florida News

Marcus & Millichap Brokers $2M Sale of Net-Leased Retail Property in Fort Myers

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Marcus & Millichap has brokered the $2 million sale of a 3,649-square-foot retail property currently net-leased to BB&T bank.

Located at 18031 South Tamiami Trail, the property is situated at a signalized intersection on South Tamiami Trail and Constitution Boulevard. South Tamiami Trail is a major North-South thoroughfare that exposes this location to over 59,000 vehicles per day. The property has two and half years remaining on its initial fifteen-year lease with BB&T.

Reid Thedford, James Garner, James Medefind and Jim Shiebler, in Marcus & Millichap’s Tampa office represented the seller, a private investor, in the transaction. The buyer was not disclosed.

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