Bru's Room Property In Boynton Beach Changes Hands

Marcus & Millichap announced the sale of Bru’s Room-Boynton Beach, an 8,627 square-foot net-leased property.
The asset sold for $3,087,500.
Edward Romo, associate, and Scott C. Sandelin, vice president investments, from Marcus & Millichap’s Miami office had the exclusive listing to market the property on behalf of the seller, a limited liability company.  Romo and Sandelin then secured the buyer, also a limited liability company.
Bru’s Room has been at 1333 North Congress Avenue for eight years.  The property has strong demographics with a dense population of 250,000 people within a 5-mile radius and daily vehicle counts of 39,000.
Bru’s Room has executed a new 15-year lease with four five-year options to renew.
 

 

————————-

Get the latest industry news and information from CRE-sources delivered right to your email inbox! And we promise…no more than one email each morning. Just follow the instructions below.

Enter your email address:


 

 

-------------------------

Get the latest industry news and information from CRE-sources delivered right to your email inbox!

And we promise…no more than one email each morning.

 

CLICK HERE TO SUBSCRIBE TODAY!