NAI Realvest Closes Two Commercial Land Sales within 30 Days Totaling $2.155 Million -- Two New Race
ORLANDO, Fla. – NAI Realvest, based in Orlando, negotiated the sales of two vacant commercial land parcels that will soon be new state-of-the-art Racetrac gas and convenient stores in Apopka and Oviedo. The two separate transactions totaled $2,155,000 and closed within 30 days of each other.
Jason G. Toll, MiCP, Director at NAI Realvest, brokered the $905,000 sale of 1102 Hermit Smith Rd., in Apopka on behalf of the seller, Zellwood Properties, LLC of Altamonte Springs and the buyer Atlanta-based Racetrack Petroleum, Inc. The new Apopka Racetrac is slated to open in the spring at the 2.45-acre site at the interchange of the new SR 429 (Wekiva Parkway) and US 441.
A few weeks later Racetrac Petroleum, Inc. purchased 4.7 acres at 1999 Slavia Rd. at the corner of Red Bug Lake Rd. in Oviedo. Toll, along with NAI Realvest principals Kevin O’Connor and Matt Cichocki, brokered the $1,250,000 deal between RaceTrac and the property owners who were approached with an unsolicited offer that was accepted. The Oviedo Racetrac is scheduled to open in the 4th quarter of this year.
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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. NAI Global is an international commercial real estate network with over 400 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.