Starbucks Pembroke Pines Fetches $3.45 Million

Dec 03, 2018 No Comments by

Marcus & Millichap announced the sale of Starbucks‘ 2,740-square foot net-leased property located in Pembroke Pines, according to Scott Lunine, Regional Manager of the firm’s Miami office.

The asset sold for $3,450,000.

Gabriel Britti and Ronnie Issenberg, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, CHAYA INVESTMENTS LLC.

The property is located at 9700 Pines Blvd.

 

“The tenant recently extended the lease for an additional ten years, representing their commitment to the location,” explains Issenberg.  “There continues to be a strong demand for South Florida, single tenant, net leased assets,” adds Britti.

 

 

 

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Broward County Retail, Industry News, NA, Retail
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