Frank Silverman Sells Retail Property To Chipotle Mexican Grill, Inc For $4.45M In Tampa

The property asset involved is located at 2708 West Dr. Martin Luther King Jr Boulevard in Tampa, designated for retail use. It has a sale price of $4,450,000 and encompasses a total square footage of 3,310, resulting in a price per square foot of $1,344. The capitalization rate for this transaction stands at 4.46%.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,450,000
• Square Footage: 3,310
• Price per Square Foot: $1,344
• Cap Rate: 4.46%
• Seller: Frank Silverman
• Tenant: Chipotle Mexican Grill, Inc
• Brokers: Jake Lurie & Andrew Doerr - Matthews

Jake Lurie and Andrew Doerr, representing Matthews, were the brokers involved in the deal, providing their expertise throughout the transaction process.