Published: January 2016

Retail auto repair property sold to local investors

Kearney Commercial Realty, in an off-market transaction, sold a retail auto repair property on S. Military Trail in Greenacres, Palm Beach County, Florida to local investors.

The property owner lived out-of-state and decided to sell its only South Florida property when Kearney Commercial approached them. The property is zoned for commercial uses and consists of 11,121 SF in two buildings on 1.06 acres. It is 100% leased to three tenants.

The property sold for $1,016,000 and had some deferred maintenance.