MIAMI (July 12, 2021)—Tiktin Real Estate Investment Services (TREIS), a leading commercial real estate investment sales brokerage firm, today announced the sale of a 4,774-square-foot freestanding building occupied by Bank of America at 13700 S. Jog Rd. in Delray Beach, FL. Maloof Properties, Inc. acquired the 1.25-acre site from Master Carwash, LLC for $2.82 million. Adam J. Tiktin and Steven Logan of TREIS represented the Seller. Closing took place July 12th.
The property has four drive-through lanes and offers excellent visibility with an average daily traffic count of over of 29,000 vehicles per day. The site is an outparcel to a Publix anchored shopping center and is a highly desirable location in the Boca Raton/Delray Beach submarket.
For more information, please call 305-363-4750 or 844-4-TIKTIN or visit www.tiktinrealestate.com.
About Tiktin Real Estate Investment Services
Tiktin Real Estate Investment Services (TREIS) is a South Florida-based commercial real estate investment sales brokerage firm specializing in the sale of shopping centers and office buildings in Florida and single tenant net lease properties nationally. Founded in 2001 by industry veteran Adam J. Tiktin, TREIS is committed to a higher level of service and an unmatched standard of integrity. The investment sales firm is distinguished by its personalized approach, transactional expertise, comprehensive market analysis and aggressive strategies. www.tiktinrealestate.com.