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Senior Advisor’s local expertise and network leads to a deal for off-market property in Palmetto, Fla. 

Sarasota, Fla. (March 11, 2021) SVN Commercial Advisory Group has managed the sale of a retail property that possesses a Walgreens pharmacy at 930 8th Avenue West in Palmetto, Fla. The $4.2 million deal closed in early March. The property consists of 1.4 acres and the retail building contains more than 15,000 square feet.

As with many of the brokerage’s deals, this sale was due largely to a special connection that one of the advisors had in the commercial real estate industry.

 “The owner was interested in selling and I had a buyer looking for investments. So, we were able to get a deal done. We had to work through some maintenance issues, but in the end, they got it done and we closed.” -Tony Veldkamp

The seller of this property was GST Palmetto, LLC, and the buyer was Shrimad, LLC. The Walgreens pharmacy will continue to operate at the location. 

“This demonstrates why it’s so important to have advisors who know local real estate scene,” said Matt Christian, Managing Director of SVN Commercial Advisory Group. “Our advisors are so well-connected and that gives us a tremendous advantage in finding buyers and sellers.”

Contacts

Matt Christian, Managing Director, SVN Commercial Advisory Group
(941) 914-6614
Matt.Christian@svn.com

Tony Veldkamp, CCIM, Senior Advisor,SVN Commercial Advisory Group
(941) 487-6990
Tony.Veldkamp@svn.com

Ken Zeszutko, Z Corp PR & Digital, 321-213-1818 / kenz@zcorppr.com

 

About SVN Commercial Advisory Group

SVN Commercial Advisory Group, is a full service commercial real estate brokerage firm. We provide commercial real estate services to large corporations, middle market businesses and individual entrepreneurial investors. We offer advisory services for the sales, leasing, and management of commercial properties locally, regionally and nationally. Our Advisors provide creative solutions in order to help you achieve your goal.

The Advisors at SVN Commercial Advisory Group have a deep understanding and vast experience with a wide variety of aspects of all investment real estate. Our specialized teams can provide competent guidance to you, your clients or your investors. We have brokered, consulted, managed and provided a wide variety of real estate services across the country.