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Florida & Gulf Coast  + Central Florida  + Retail  |  August 9, 2020
David Cohen
By: David Cohen

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

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.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

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. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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