ORLANDO, Fla. – NAI Realvest recently negotiated the $1.7 Million sale price for a 1.25-acre parcel of build-to-suit retail land at 12105 W. Colonial Drive in Winter Garden.
NAI Realvest Broker Associate Drew Saphos and Chairman George Livingston brokered the transaction on behalf of the seller, Pompano Beach based Baer’s Furniture Co.
The property, which is situated at the intersection of West Colonial Drive (S.R. 50) and the Western Expressway (S.R. 429) was purchased by commercial developer Legacy VWI, LLC based in Kansas City, Mo. The Buyer has begun development on a Miller’s Ale House restaurant on the site.
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About NAI Realvest
NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 375 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.nairealvest.com.