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South Florida

A $2.55 million Taco Bell

A Delray Beach Taco Bell has traded for $2.55 million, according to an announcement from Marcus & Millichap Real Estate Investment Services, the firm representing the private seller. The Taco Bell, which is located at 240 Linton Boulevard in Delray Beach, was sold to a limited liability company from Miami Beach, who was also  represented by Gabriel Britti, a senior associate at Marcus & Millichap.

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“There is a very strong demand for South Florida net leased assets, especially those with strong intrinsic value. It is difficult to keep net leased assets in the tri-county area in stock and multiple offers were procured on this asset within the first couple weeks of marketing,” said Britti. — Christopher Cameron

 

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Marcus Millichap