Press Release brought to you by NAI Realvest

NAI Realvest Closes Two Commercial Land Sales within 30 Days Totaling $2.155 Million -- Two New Racetrac Stores Opening This Year

01/21/2019

ORLANDO, Fla. – NAI Realvest, based in Orlando, negotiated the sales of two vacant commercial land parcels that will soon be new state-of-the-art Racetrac gas and convenient stores in Apopka and Oviedo.  The two separate transactions totaled $2,155,000 and closed within 30 days of each other.   

Jason G. Toll, MiCP, Director at NAI Realvest, brokered the $905,000 sale of 1102 Hermit Smith Rd., in Apopka on behalf of the seller, Zellwood Properties, LLC of Altamonte Springs and the buyer Atlanta-based Racetrack Petroleum, Inc.  The new Apopka Racetrac is slated to open in the spring at the 2.45-acre site at the interchange of the new SR 429 (Wekiva Parkway) and US 441.  

A few weeks later Racetrac Petroleum, Inc. purchased 4.7 acres at 1999 Slavia Rd. at the corner of Red Bug Lake Rd. in Oviedo.  Toll, along with NAI Realvest principals Kevin O’Connor and Matt Cichocki, brokered the $1,250,000 deal between RaceTrac and the property owners who were approached with an unsolicited offer that was accepted.   The Oviedo Racetrac is scheduled to open in the 4th quarter of this year.   

Source

NAI Realvest

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