Ross Realty Investments Inc Acquires Retail Property In Vero Beach For $5.3M

Located at 5125 20th St in Vero Beach, this retail property was recently sold in a transaction that took place on 12/13/2021. The property spans a total area of 11,480 square feet and was sold by Konover South to Ross Realty Investments Inc for a total price of $5,300,000. With a price per square foot of $462, this transaction showcases the value of this retail asset in the Vero Beach market.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $5,300,000
• Address: 5125 20th St, Vero Beach
• Market: Vero Beach

The deal was facilitated by the brokers Drew Kristol, Kirk Olson, and Marc Yaffe from Marcus & Millichap, who represented both the buyer, Ross Realty Investments Inc, and the seller, Konover South. Their expertise and negotiation skills played a crucial role in successfully closing this transaction.