Marcus & Millichap's Fort Lauderdale, Fl. office has just traded its fourth net lease property in the month with another seven under contract, according to investment specialist Joseph Prio.
"While the market is softening from rising interest rates, we are still seeing strong demand for net-lease properties here in Florida, especially from out-of-state investors," he reports.
That fourth deal was the sale of a CVS Pharmacy by FFT Livingstone. A private investor bought the 10,378-square-foot property in Sarasota for $4.5 million.
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