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Florida & Gulf Coast   /   April 28, 2021

David Cohen
By: David Cohen

Marcus & Millichap Brokers $7M Sale of Net-Leased Retail Property in Orlando

Marcus & Millichap has arranged the $7.4 million sale of CVS Orlando, a net-leased retail property in Orlando. Located at 2702 Orange Ave., the property is subject to a 20-year lease with CVS, which was recently executed.

Gabriel Britti, Ronnie Issenberg, and Ricardo Esteves of Marcus & Millichap’s Miami office represented the seller, a limited liability company, in the transaction. The buyer was not disclosed.

“Orlando continues to be one of the most sought-after markets in Florida,” said Britti. “Florida’s continued population growth makes Florida Net Lease Drug Stores highly desirable by investors throughout the US.”

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David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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