Apopka, FL, December 12th, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced today the sale of Starbucks, a 1,816-square-foot property located at 3850 East State Route 436, Apopka, FL, according to Tim Stephenson, regional manager of the firm’s Philadelphia office. The asset sold for $2,223,271.
Derrick Dougherty and Jacob Haslach, investment specialists in Marcus & Millichap’s Philadelphia office, had the exclusive listing to market the property on behalf of the seller, a family-owned estate. Juan Saldarriaga procured the buyer, a private investor from South America.
“This Starbucks is one of the top performing locations on a national level and has a 16+ year operating history within the immediate submarket with a very loyal customer base.”
“The real estate is a prime location near Florida’s top attractions, including Walt Disney World and Universal Resort, further enhancing its long-term investment potential.”
“This transaction was a testament to the professionalism and collaboration of all parties involved. Both the buyers and the sellers were proactive and committed, ensuring a smooth process and a successful closing before year-end.”
Marcus & Millichap, Inc. is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.
Comments