Myers Group Acquires Former Sanford INFINITI Dealership For $12.5M With Seller's Reps Michael Curtis & Brian Grandstaff

The property involved in the transaction is a commercial asset located at 995 Rinehart Road, Sanford. The sale price for the asset was $12,515,000. The building encompasses a total square footage of 35,204, with a price per square foot of $355. The property, previously serving as the former Sanford INFINITI dealership, sits on 5.19 acres off I-4.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $12,515,000
• Address: 995 Rinehart Road
• Market: Sanford
• Square Footage: 35,204
• Price Per Square Foot: $355
• Buyer: Myers Group
• Seller: Terry Taylor
• Seller's Representative: Michael Curtis & Brian Grandstaff - Millenia Partners

The transaction was facilitated by Michael Curtis and Brian Grandstaff, who represented the sellers in this all-cash deal. The vacant site traded quickly, leveraging long-standing relationships with property owners in the area.