2873 SW 21 Ave

The Fitzgerald Group’s Adam P. Von Romer, CCIM, Michael Martin, MAI Negotiate Sale Of Auto Tire & Service Center

The Fitzgerald Group’s Adam P. Von Romer, CCIM and Michael Martin, MAI negotiated the sale of a 6,115-square-foot auto tire and service center situated on 27,502 square feet of land located at 2873 NW 21st Avenue in Oakland Park.

Fadel Fahs, who had been leasing a location across the street for years, purchased the facility for $925,000. Steve Perelstine, Francine Perelstine, and Daniel Rudd were the sellers. There were no other brokers involved in the transaction.

adam p. von romer, ccim

Von Romer

“The building has been used by Oakland Park Auto for nearly 30 years and has been a neighborhood fixture since they opened their doors,” explained Von Romer. “Oakland Park Tire and Auto was known for quality service and repairs at reasonable prices. Oakland Park Auto has been a preferred service provider to the Unites States Post Office under a fleet agreement for a number of years.”

The property was originally constructed in 1970 and features two entrances and 30+ parking spaces. Three bays have been added since its initial construction. The transaction closed at 93.3% of list price.

 

 

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