AutoNation Sells Fort Lauderdale Retail Property To Automotive Management Services For $11.8M

The retail property located at 6606 N Andrews Ave in Fort Lauderdale has been sold for a transaction amount of $11,800,000. The property covers a total area of 107,019 square feet, resulting in a price per square foot of $110. The property sits on a 2.51-acre lot, valuing the land at approximately $4,701,195 per acre.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $11,800,000
• Square Footage: 107,019
• Price per Square Foot: $110
• Lot Size: 2.51 acres
• Price per Acre: $4,701,195

The sale of this retail asset was facilitated by broker Chase Deuschle of CBRE, representing the buyer Automotive Management Services and the seller AutoNation.