Walker Ford Co. Inc Acquires Retail Property In Clearwater For $2.8M

The property involved in the transaction is a retail asset located at 17722 US Highway 19 North in Clearwater. The property was purchased by Walker Ford Co. Inc for $2,800,000. The acquisition was made to expand the adjacent dealership.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,800,000
• Buyer: Walker Ford Co. Inc
• Buyer's Representative: William Eshenbaugh - Eshenbaugh Land Company
• Seller's Representative: Chris Calhoon & Patrick Calhoon - Calhoon Commercial Group - Smith & Associates Real Estate
• Address: 17722 US Highway 19 North, Clearwater
• Market: Clearwater

Walker Ford Co. Inc made the strategic decision to acquire the Jersey Jim Towers property, aiming to use the space for the expansion of their dealership. The existing family-owned appliances and electronics store, operating for over 30 years at the location, will continue to operate temporarily as plans for the future development of the property are finalized.