Marcus & Millichap Sells Retail Property In Panama City Beach For $9.7M | 11501 Hutchison Boulevard | Garrett Fierstein, Will Harding, Simon Grigoryan, Jessica Harris, Chad E. Atwood | Retail | Sale

Summary

Sale

FLORIDA

Retail

48,000 sqft

The retail property located at 11501 Hutchison Boulevard in Panama City Beach has been sold for a total of $9,700,000. The property spans across 5.01 acres and offers a total of 48,000 square feet. The sale price per square foot was $202, indicating a lucrative transaction.

Summary of Transaction Details

Property Type: Retail
Transaction Amount: $9,700,000
Address: 11501 Hutchison Boulevard
Market: Panama City Beach
Acres: 5.01

The sale of this retail property was facilitated by the brokerage firm Marcus & Millichap. The team involved in the transaction included Chad Atwood, Simon V. Grigoryan, Will Harding, and Jessica Harris. Garrett Fierstein from Marcus & Millichap Capital Corporation served as the mortgage broker. Their expertise and negotiation skills contributed to the successful sale of the property.

Players

All
6

Agents
5
Agencies
1

$16.2M Sold

$15.3M Sold

$57.5M Sold

$40.6M Sold

Vice President Investments

$46.4M Sold

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: Will Harding, Jessica Harris, Chad Atwood, Garrett Fierstein & Simon V. Grigoryan DATE: 03/30/2022 ADDRESS: 11501 Hutchison Boulevard MARKET: Panama City Beach ASSET TYPE: Retail ~ ACRES: 5.01 BROKERS: Chad Atwood, Simon V. Grigoryan, Will Harding & Jessica Harris - Marcus & Millichap MORTGAGE BROKER: Garrett Fierstein - Marcus & Millichap Capital Corporation SALE PRICE: $9,700,000 SF: 48,000 ~ PPSF: $202

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Address11501 Hutchison Boulevard

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