Thought for the Week of 5/23/2017
Picture of the Week
Thought of the Week
A good decision is based on knowledge and not on numbers.
– Plato
Interesting Sale of the Week
Courtesy of Vizzda.com
Coral Town Plaza (Land)
Property Description:
6.91 acres or 301,000 SF of land planned for a retail shopping center. A 4.67 acre tract is planned for the development of Wal-Mart Store #3935 with a footprint of not less than 41,952 SF. A 2.24 acre tract is planned for three additional retail buildings totaling 15,340 SF. 275 total parking spaces (parking ratio of 4.8). Wal-Mart lease has a 20-year initial term.
Details:
- Size: 6.91 Acres
- Sale Date: 5/18/2017
- Sale Price: $4,514,994
- Price per Unit: $653,399/ AC
- Property Type: Retail Land
Website of the Week
A little shameless self-promotion this week. We got a new “toy” at the office and took it up for take some video and aerial photography. Check out our website for our first attempt at using the drone to showcase property.
135 Ocean Boulevard Drone Video & 360 Views
