The Real Deal Miami

Winn-Dixie property in Riviera Beach unloaded for $7.39 million

December 10, 2012 11:15AM

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Winn-Dixie in Riviera Beach

A 45,973-square-foot Winn-Dixie in Riviera Beach has sold for $7.39 million, according to Marcus & Millichap, which brokered the deal on behalf of the seller, a Miami Beach-based limited liability company. The property, which is located at 3700 Broadway in Riviera Beach, was purchased by a Miami-based limited liability company. Douglas Mandel and Howard Bregman of Marcus & Millichap’s Fort Lauderdale office represented the seller. Gabriel Britti, a senior associate with Marcus & Millichap in Miami, secured and represented the buyer. Winn-Dixie is occupying the property under a 20-year lease that expires July 13, 2024. It has six additional five-year options to extend. — Alexander Britell

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