Closed! ComReal is proud to announce the sale of 4.28 industrial acres located at 5201 NW 103rd Ave within Sunrise Commerce Park for $2,625,000!
“We put the property on the market just as the Country was shutting down due to the Covid-19 pandemic. Despite the pandemic and a few other obstacles with the property, including a building permit moratorium within the City of Sunrise, we were able to attract multiple potential buyers with the broad reach of our marketing platforms. This deal is another testament to the strength of the industrial market in South Florida and the lack of availability of industrial land,” said McBride.
The seller, Soccer Cage Sunrise, was represented by Pat McBride, Esq. of the ComReal Industrial Team. The buyer was JA&M Contractors, a large South Florida shell contractor. They plan on using the property for their business. The large site will allow them to construct a new warehouse for their operation as well as have a large outdoor storage yard for their materials and equipment.
“Our organization was very pleased with the effort put forth by Pat and the ComReal team. The property received a great deal of attention from both investors and end-users right off the bat despite the uncertainty of the pandemic. ComReal counseled us through the decision-making process of selecting the right buyer, they were constantly available, and kept us appropriately updated as the deal proceeded through closing,” said Christian Driussi, manager of Soccer Cage.
For more information on this deal and other commercial properties available, including industrial land for sale, please contact Pat McBride at pmcbride@comreal.com or reach him directly at 305-619-2937.