Thursday, August 4, 2011

NAI Realvest Brokers Sale of Ormond Beach Development Site for a New Tire Kingdom

ORLANDO, Fla – NAI Realvest recently negotiated the purchase of a 1.25-acre retail development site for a new Tire Kingdom store on Williamson Boulevard north of San Marco Drive in Ormond Beach.

NAI Realvest principals Kevin O'Connor and Matt Cichocki brokered the transaction on behalf of the Charlotte, N.C.-based buyer, Pavilion TK-Ormond LLC, who paid $525,000 for the retail parcel. Williamson Blvd. Investments, LLC of Ormond Beach is the seller.

The buyer will be developing a 7,000 square foot Tire Kingdom store on the property.

This is the tenth Central Florida Tire Kingdom location secured by the NAI Realvest team of Cichocki and O’Connor.

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 through NAI Global, an international commercial real estate network with over 350 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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