ORLANDO, Fla. -- NAI Realvest recently negotiated the sale of a 1.4 acre retail site at 5370 W. Colonial Drive in Orlando for $610,000.
Paul P. Partyka, managing partner at NAI Realvest, who represented the seller, First Southern Bank of Orlando, said the property was purchased by Autozone Stores, Inc., based in Memphis.
Autozone will be constructing a stand-alone building on the site and moving from their current facility across the street.
This is the second transaction in nine months that Partyka handled working with First Southern to dispose of their foreclosed properties.
About NAI Realvest
NAI Realvest, covering 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 350 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.
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