Sperry Commercial/RJ Realty’s Ron Osborne Closes 3 Deals Totaling $4.725 Million
Osborne represented the sellers in each of the deals.
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Osborne represented the sellers in each of the deals.
Ron Osborne, broker and president of RJ Realty, represented the buyer and the seller in the deal.
The lease has an estimated value of $1.8 million.
The assignment comes on the heels of two automotive transactions completed by RJ Realty’s Ron Osborne. CLICK ON THE HEADLINE FOR MORE
The transaction, which took about 60 days to close, was valued at $2,265,000 for the 2-acre property. CLICK ON THE HEADLINE FOR MORE
The tenant, Mattress Firm, has over 11 years left on the current lease and the property closed in 60 days from contract at a 6.75% cap rate. CLICK ON THE HEADLINE FOR MORE
This is the second transaction Osborne has closed with this Buyer, which is planning on converting the site to a high-end car wash facility. CLICK ON THE HEADLINE FOR MORE
041 Commercial LLC, an entity managed by Benjamin J. Genet of Genet Property Group purchased the 48,000-square-foot property from the Saul Strachman Revocable Living Trust and the Judith Strachman Revocable Living Trust for $3,200,000. CLICK ON THE HEADLINE FOR MORE
The deal closed June 6. CLICK ON THE HEADLINE FOR MORE
The dealerships are two of the largest independent used car dealerships in Broward County. CLICK ON THE HEADLINE FOR MORE
Broker/President Ronald W. Osborne represents both buyers and sellers of commercial properties of all asset classes and types, focusing primarily on privately owned properties in South Florida, ranging in value from $1 to $10 million.
SperryCGA – RJ Realty
Phone:
954.381.0412
Email:
admin@RJ-Realty.com