Scott Sandelin, an investment specialist in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a partnership between MMG Equity Partners, Mouhalis Capital Management, and GW Properties. Sandelin also procured the buyer.
The property is located directly across from the largest undeveloped parcel of land in Doral, a 175-acre site recently put under purchase contract by Bridge Industrial.
The store property has the distinct advantage of having virtually no competition within this portion of the Miami Beach.
The site was purchased from Esposito Enterprises Inc., an affiliate of Vinny Esposito, the owner of the staple restaurant Franco & Vinny’s, which will continue to operate on property. There are no current plans underway for redevelopment of the site.
Scott C. Sandelin, Senior Vice President of Investments in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller. CLICK ON THE HEADLINE FOR MORE
The 8,627 square-foot net-leased property sold for $3,087,500. CLICK ON THE HEADLINE FOR MORE
Commercial real estate investment services firm Marcus & Millichap announced the sale of the 23,490-square-foot lot. CLICK ON THE HEADLINE FOR MORE
Scott Sandelin and Alejandro D’Alba represented both the seller and the buyer in the transaction. CLICK ON THE HEADLINE FOR MORE
The beachfront, multi-tenant retail center has been exclusively listed by Marcus & Millichap. CLICK ON THE HEADLINE FOR MORE
The investment opportunity consists of multiple land parcels and marina. CLICK ON THE HEADLINE FOR MORE
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