NORTH MIAMI BEACH, Fla. (December 1, 2017)—Tiktin Real Estate Investment Services (TREIS), a commercial investment sales brokerage firm, has announced the sale of a 79th Street development site, comprising three parcels of land totaling 35,489 square feet at 2 NW 79th Street in Miami. The Seller, 79 NMA, LLC, sold the property to 7-Eleven, Inc. for $2.6 million. Adam J. Tiktin, president of TREIS, represented the Seller in this transaction. Closing took place November 30, 2017.
Situated at a major intersection on the southwest corner of 79th Street and North Miami Avenue, the site experiences heightened visibility with traffic counts in excess of 26,500 cars per day. In addition, the parcels are zoned T6-8, which was a distinctive selling feature, as this application allows for most general business uses, including retail, commercial, office, hotel and residential with construction up to eight stories and 121 units.
For more information, please call 305-363-4750 or 844-4-TIKTIN or visit www.tiktinrealestate.com.
About Tiktin Real Estate Services
Tiktin Real Estate Investment Services (TREIS) is a South Florida-based commercial real estate brokerage firm specializing in the sale of shopping centers, single-tenant net lease properties and office buildings in Florida. 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.