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St. Pete Beach, Fla. — Marcus & Millichap has arranged the $2.6 million sale of Mulligan’s Plaza, an 18,750-square-foot retail property located in St. Pete Beach.
Evan Cannan and James Medefind of Marcus & Millichap marketed the property on behalf of the seller, a private investor known as Mulligans Plaza LLC. Cannan and Medefind also represented and secured the undisclosed buyer, a private investor. According to Cannan, the property was closed at full list price and at a 5 percent cap rate.
Mulligan’s Plaza is located at 9524 Blind Pass Road, approximately 27 miles from Tampa International Airport.