NAI Realvest Negotiates $14 Million+ sale of former Hertz property North of Orlando International Airport on SR 436

ORLANDO, Fla. --- NAI Realvest recently negotiated the sale of the former Hertz rental facility which includes 19.44 acres of land for development at 5601 Butler National Drive off Semoran Blvd. (S.R. 436) north of Orlando International Airport. NAI Realvest principals Kevin O’Connor and Matt Cichocki negotiated the transaction representing the seller, The Hertz Corporation of Park Ridge, N.J. who closed the operation to move it onto airport grounds. Los Angeles based L&R Investment Company purchased the property for $14,250,000 and intends to obtain a master plan for mixed use development including retail outparcels that front on Semoran Blvd. and an off-airport parking facility in the rear.