SOLD
Marcus & Millichap Sells Twin Peaks Restaurant In Sarasota For $5M
3110 Fruitville Commons Boulevard
Retail
8,600 SF
8,600 SF
Sold 213 days ago
Summary
Sale
FLORIDA
Retail
8,600 sqft
Marcus & Millichap has sold Twin Peaks, an 8,600-square-foot restaurant in Sarasota, Florida, for $5 million. The property is situated at 3110 Fruitville Commons Boulevard on a 1.03-acre lot. It was constructed in 2023 and features a 20-year corporate NNN lease. Twin Peaks is strategically located near Interstate-75 and is surrounded by national retailers, benefiting from the area's affluent retired population.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $5,000,000
- Address: 3110 Fruitville Commons Boulevard
- Market: Sarasota
- Acres: 1.03
The sale of Twin Peaks was facilitated by Ronnie Issenberg, Gabriel Britti, and Ricardo Esteves of Marcus & Millichap. These brokers played a pivotal role in ensuring the successful completion of the transaction.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Ricardo Esteves, Gabriel Britti & Ronnie Issenberg
DATE: 10/04/2023
ADDRESS: 3110 Fruitville Commons Boulevard
MARKET: Sarasota
ASSET TYPE: Retail ~ ACRES: 1.03
BROKERS: Ronnie Issenberg (@RonIssenberg), Gabriel Britti (@Gabriel.Britti) & Ricardo Esteves (@Ricardo_Esteves) - Marcus & Millichap (@MarcusMillichapInc)
SALE PRICE: $5,000,000
SF: 8,600 ~ PPSF: $581
NOTE: Marcus & Millichap has sold Twin Peaks, an 8,600-square-foot restaurant in Sarasota, Florida, for $5 million. The property, constructed in 2023 and featuring a 20-year corporate NNN lease, is strategically located near Interstate-75 and surrounded by national retailers, benefiting from the area's affluent retired population.View on map
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Address3110 Fruitville Commons Boulevard
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