TAMPA, FLA., December 26, 2013 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of CVS, a 10,908-square foot, net-leased property located in Tampa, Fla., according to Richard D. Matricaria, regional manager of the firm’s Tampa office. The asset sold for $3,704,000.
Moe Derbala, an investment specialist in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the local seller, a private investor and the buyer, a private investor based in Miami.
This freestanding CVS Pharmacy with a drive-through was built in 2000 for Eckerd Drug Company. The property is located at 2725 North MacDill Avenue in Tampa, Florida and is situated on approximately 1.39 acres of land at the signalized corner of MacDill Avenue and Columbus Drive.
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With more than 1,000 investment professionals in offices nationwide, Marcus & Millichap Real Estate Investment Services is the largest firm specializing in commercial real estate investment services in the nation. Marcus & Millichap closed 6,149 transactions in 2012, the highest of any commercial real estate brokerage firm. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally.