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Ben Mallah Purchases Commercial Property In Madeira Beach For $17.2M

Property Image
SOLD
$17,200,000

Florida

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Commercial40,771 SF
Sold 08/22/2019
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Property Image
SOLD

Ben Mallah Purchases Commercial Property In Madeira Beach For $17.2M

12901 Village BLVD, N/A, FL, 33708

See Similar Deals
Commercial40,771 SF
Sold 08/22/2019
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Summary

FLORIDA
Asset Type:Commercial
Price Per Square Foot:$421
Total Square Footage:40,771 SF
Transaction Type:Sale

The Shops at John’s Pass Village is a 40,771-square-foot commercial property located at 12901 Village BLVD in Madeira Beach, FL. The asset was recently sold for $17,200,000.00 in a transaction facilitated by Mark Shellabarger of CBRE on August 22, 2019.

Summary of transation details:

  • Property Type: Commercial
  • Transaction Amount: $17,200,000.00
  • Market: Madeira Beach
  • Seller's Representative: Mark Shellabarger (CBRE)
  • Buyer: Ben Mallah
  • Address: 12901 Village BLVD, N/A, FL, 33708
  • Square Footage: 40,771

Following an online auction that attracted 29 bids, Ben Mallah emerged as the buyer of The Shops at John’s Pass Village. The property includes retail shops, restaurants, a marina, and a 325-space parking garage, offering a diverse range of amenities to visitors. Situated approximately 25 miles west of downtown Tampa, the waterfront shopping village is poised to continue attracting patrons under its new ownership.

Players

Mark Shellabarger
9 deals$73.4M volume
BROKER

Ben Mallah
15 deals$331.7M volume
BUYER

Details

SOLD
IMAGE: 08/22/2019 ADDRESS: 12901 Village BLVD, N/A, FL, 33708 MARKET: Madeira Beach ASSET TYPE: Commercial SELLER'S REP: Mark Shellabarger(CBRE) BUYER: Ben Mallah PRICE: $17,200,000.00 SF: 40771

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