ORLANDO – NAI Realvest recently negotiated the $700,000 purchase of a 0.71-acre retail development site for a new Tire Kingdom store on Majorca Place in Orlando. The acquired property was a portion of the Majorca Place PD located on Turkey Lake Road, just north of Sand Lake Road in southwest Orlando.
NAI Realvest principals Kevin O'Connor and Matt Cichocki negotiated the transaction on behalf of the buyer Pavilion Capital, LLC of Charlotte, N.C., a developer for Tire Kingdom who plans to construct a 7,000 square foot store on the site.
Se Belle Smith Dymmek of Kissimmee is the seller.
This is the tenth Central Florida Tire Kingdom location the NAI Realvest retail team of O’Connor and Cichocki has secured, with two additional sites under contract.
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For more information, contact: Kevin O’Connor or Matt Cichocki, Principals NAI Realvest, 407-875-9989 koconnor@realvest.com or mcichocki@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
About NAI Realvest: NAI Realvest, with offices 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 through NAI Global, an international commercial real estate network with over 325 offices spanning the globe. Since 1978, clients have built their 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.
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