Marcus & Millichap Brokers $4.5 Million Sale of CVS-Leased Retail Property in Sarasota, Florida

by Hayden Spiess

Sarasota, Fla. — Marcus & Millichap has brokered the $4.5 million sale of a 10,378-square-foot retail property located in Sarasota. CVS/pharmacy occupies the building on a net-lease basis. The property was built in 1999 on a 1.6-acre site. Joseph Prio, Alan Lipsky and Barry Wolfe of Marcus & Millichap arranged the sale on behalf of the seller, FFT Livingstone Investors Inc. An undisclosed private investor was the buyer.

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