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Last Mile Investments Acquires Retail Property In Jupiter For $18.5M

901 West Indiantown Road
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This Retail property located in FL was sold for $18,500,000 almost 3 years ago. The brokers of the deal were Kirk Olson and Drew Kristol

The retail property located at 901 West Indiantown Road in Jupiter was recently sold in a transaction for $18,500,000. The property spans across 42,995 square feet, resulting in a price per square foot of $430. It sits on a 4-acre lot, with a price per acre of $4,625,000.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $18,500,000
  • Address: 901 West Indiantown Road, Jupiter
  • Market: Jupiter
  • Buyer: Ryan Moore, David Birdsall & Todd Pleiman - Last Mile Investments
  • Seller: Elion Partners - Jack Azout, Sylvain Argy, Juan DeAngulo & Shlomo Khoudari
  • Brokers: Kirk Olson & Drew Kristol - Marcus & Millichap

The buying group, Last Mile Investments, which includes Ryan Moore, David Birdsall, and Todd Pleiman, acquired the property from Elion Partners. The deal was facilitated by brokers Kirk Olson and Drew Kristol from Marcus & Millichap.

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Deals
  • Location
    901 West Indiantown Road, Jupiter, FL 33458, USA901 West Indiantown Road, Jupiter, FL 33458, USA
  • Sale Price
    $18,500,000$18,500,000
    $430 PPSF$430 PPSF
  • Area
    42,995 SF42,995 SF
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Kirk Olson

Kirk Olson

Deals29
Financed$355.4M

Drew Kristol

Drew Kristol

Deals29
Financed$355.4M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Social

Deal Summary

SALE IMAGE: Drew Kristol, Kirk Olson, Ryan Moore, Todd Pleiman, David Birdsall & Shlomo Khoudari DATE: 04/15/2021 ADDRESS: 901 West Indiantown Road MARKET: Jupiter ASSET TYPE: Retail BUYER: Ryan Moore, David Birdsall & Todd Pleiman - Last Mile Investments SELLER: Elion Partners - Jack Azout, Sylvain Argy, Juan DeAngulo & Shlomo Khoudari BROKERS: Kirk Olson & Drew Kristol - Marcus & Millichap PRICE: $18,500,000 SF: 42,995 ~ PPSF: $430 ACRES: 4 ~ PPA: $4,625,000

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