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2300 & 2320 Commerce Park Drive Northeast
SOLD

Marcus & Millichap Sells Flex Condo Park In Palm Bay For $4.43M

2300 & 2320 Commerce Park Drive Northeast

Condo
22,441 SF
clock iconSold 323 days ago
Ray Turchi
David Vaughan
Alejandro Silbestein
+ 2
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Summary

Sale
FLORIDA
Condo
22,441 sqft

Marcus & Millichap has sold a flex condominium park in Palm Bay, Florida, spanning 22,441 square feet, for $4.43 million. The property, located within Woodlake Commerce Park at 2300 & 2320 Commerce Park Drive Northeast, was sold in a closed sale transaction. The asset type of the property is a condo. The transaction took place on June 13, 2023, in the Palm Bay market.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $4,430,000
  • Address: 2300 & 2320 Commerce Park Drive Northeast
  • Market: Palm Bay

Alejandro Silbestein from Resma LLC represented the buyer in this transaction. The seller was represented by David Vaughan, Ray Turchi, and Quint Schenck from Marcus & Millichap. The property received multiple competitive offers and boasts long-term tenants on five-year triple-net leases. The sale price per square foot was $197.

Players

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Ray Turchi's profile picture
Ray Turchi
Marcus & Millichap-image
Senior Vice President Investments
$25.6M Sold

Details

Deal Summary
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SOLD
IMAGE: Quint Schenck, David Vaughan & Ray Turchi DATE: 06/13/2023 ADDRESS: 2300 & 2320 Commerce Park Drive Northeast MARKET: Palm Bay ASSET TYPE: Condo BUYER'S REP: Alejandro Silbestein - Resma LLC SELLER'S REP: David Vaughan (@Djv3), Ray Turchi & Quint Schenck (@QSchenck) - Marcus & Millichap (@MarcusMillichap_Fl) SALE PRICE: $4,430,000 SF: 22,441 ~ PPSF: $197 NOTE: Marcus & Millichap has sold a flex condominium park in Palm Bay, Florida, spanning 22,441 square feet, for $4.43 million. The property, located within Woodlake Commerce Park, received multiple competitive offers and boasts long-term tenants on five-year triple-net leases.

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Address2300 & 2320 Commerce Park Drive Northeast

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