Landmarc Realty Purchases Fountain Plaza Retail Center In Tampa From Brusa Inc For $5M
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See Similar DealsLandmarc Realty Purchases Fountain Plaza Retail Center In Tampa From Brusa Inc For $5M
2800 North Mac Dill Avenue
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The retail asset located at 2800 North MacDill Avenue, Tampa, was sold for $5,000,000. This property spans 1.9 acres and includes a total square footage of 25,191. The asset is currently 71% leased with tenants that include Taqueria Emanuel, ABC Home Care, and Midtown Nutrition.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,000,000
- Address: 2800 North MacDill Avenue
- Market: Tampa
- Square Footage: 25,191
- Price per Square Foot: $198
- Buyer: Landmarc Realty
- Seller: Brusa Inc
- Broker Representatives: Michael Fay, John Crotty, David Duckworth, Brian de la Fe, Nick Robinson, Philip Shapiro, Nick Mastro & Nick Mastro from Avison Young
Brusa Inc. acquired the property for $300,000 in 1988, highlighting a significant appreciation in value over the years. Avison Young will manage leasing for the facility post-transaction, contributing to its future occupancy potential.
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