Private Investor Acquires Property In Tampa For $2.8M With Seller's Rep Daniel Becker

A 4,000-square-foot single-tenant property located at 12815 Bayou Branch Ave in Tampa, FL was sold for $2,800,000. The property is occupied by Banfield Pet Hospital, which has engaged in a 10-year lease. The transaction took place in the Tampa market.

Summary of transaction details:

• Property Type: Single-tenant
• Transaction Amount: $2,800,000.00
• Address: 12815 Bayou Branch Ave, Tampa, FL
• Market: Tampa
• Seller's Representative: Daniel Becker-SRS Real Estate Partners
• Buyer: Private Investor
• Seller: Soho Capital
• Lease Duration: 10 years

Patrick Nutt and William Wamble, along with Daniel Becker of SRS Real Estate Partners, were involved in arranging the transaction. The buyer, a private investor based in Florida, purchased the property as part of a 1031 exchange. The property is situated across from North Bay Shopping Center, a retail center anchored by Publix and Lowe’s Home Improvement.