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CrossMarc Services, LLC Acquires Crescent City Plaza Shopping Center In Crescent City For $2.7M

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SOLD
$2,700,000

Florida

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Retail47,945 SF
Sold 11/16/2023
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SOLD

CrossMarc Services, LLC Acquires Crescent City Plaza Shopping Center In Crescent City For $2.7M

915 North Summit Street

See Similar Deals
Retail47,945 SF
Sold 11/16/2023
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$56
Total Square Footage:47,945 SF
Transaction Type:Sale

Winter Park-based CrossMarc Services, LLC has acquired Crescent City Plaza, a 47,945-square-foot grocery-anchored shopping center in Crescent City, Florida, for $2.7 million. The property, located at 915 North Summit Street, spans 7.57 acres and features Save-A-Lot and Family Dollar as tenants. The transaction took place in the Crescent City market.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,700,000
  • Address: 915 North Summit Street
  • Market: Crescent City
  • Asset Type: Retail
  • Acres: 7.57

CrossMarc Services, LLC was represented by Christie Alexander and Flavia Kanyago in the acquisition of Crescent City Plaza. The sellers, Jimmy and Leo Island Properties, were represented by Jaidyn Smith from Legacy Real Estate Advisors. CrossMarc Services, LLC plans to handle leasing and management of the property, which already includes Save-A-Lot and Family Dollar as tenants.

Overall, this purchase marks Winter Park-based CrossMarc Services, LLC's expansion into the Crescent City market, as they add Crescent City Plaza to their portfolio of properties.

Players

Jaidyn Smith
1 deal$2.7M volume(248) 450-3249
BROKER


BUYER

Details

SOLD
IMAGE: Flavia Kanyago, Christie Alexander & Jaidyn Smith DATE: 11/16/2023 ADDRESS: 915 North Summit Street MARKET: Crescent City ASSET TYPE: Retail ~ ACRES: 7.57 BUYER: CrossMarc Services, LLC - Christie Alexander & Flavia Kanyago (@Ms_Flavia.Kanyago) SELLER: Jimmy and Leo Island Properties SELLER'S REP: Jaidyn Smith (@Jaidyncre) - Legacy Real Estate Advisors (@LegacyRealEstateAdvisors) SALE PRICE: $2,700,000 SF: 47,945 ~ PPSF: $56 NOTE: Winter Park-based CrossMarc Services, LLC, has purchased Crescent City Plaza, a 47,945-square-foot grocery-anchored shopping center in Crescent City, Florida, for $2.7 million. The 7.57-acre property includes Save-A-Lot and Family Dollar as tenants, with CrossMarc Services set to handle leasing and management.

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