SOLD
Agree Development, LLC Acquires Sunbelt Rentals Retail Property In Kissimmee For $3M
2982 Michigan Avenue
Retail
6,371 SF
6,371 SF
Sold 202 days ago
Summary
Sale
FLORIDA
Retail
6,371 sqft
A small-format retail location in Kissimmee, Florida, known as Sunbelt Rentals, has been sold for over $3 million. The property spans 6,371 square feet and is located at 2982 Michigan Avenue. This unique transaction involved one of the nation's first Sunbelt Rentals small-format retail locations.
Summary of transaction details
- Property Type: Retail
- Sale Price: $3,000,000
- Square Footage: 6,371
- Price per Square Foot: $471
- Address: 2982 Michigan Avenue, Kissimmee
- Market: Kissimmee
The buyer in this transaction is Agree Development, LLC, while the seller is MPV Properties, represented by George Macon. The deal was facilitated by Chris Biuso, Rory Shelby, and Scott Gould from Marcus & Millichap, serving as Marcus & Millichap's brokers.
It is noteworthy that the buyer, Agree Development, LLC, is a repeat client acquiring multiple Sunbelt properties. This further emphasizes the appeal and value of this particular small-format retail location in Kissimmee, Florida.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Scott Gould, Rory Shelby, George Macon & Chris Biuso
DATE: 10/17/2023
ADDRESS: 2982 Michigan Avenue Kissimmee
MARKET: Kissimmee
ASSET TYPE: Retail
BUYER: Agree Development, LLC
SELLER: MPV Properties (@MPVProperties) - George Macon
BROKERS: Chris Biuso, Rory Shelby & Scott Gould - Marcus & Millichap (@MarcusMillichap_Fl)
SALE PRICE: $3,000,000
SF: 6,371 ~ PPSF: $471
NOTE: Marcus & Millichap announced the sale of Sunbelt Rentals in Kissimmee, Florida, for over $3 million. The transaction was unique, involving one of the nation's first Sunbelt Rentals small-format retail locations, and the buyer was a repeat client acquiring multiple Sunbelt properties.View on map
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Address2982 Michigan Avenue
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