May 20, 2022 – Mark Heidecke of Horvath & Tremblay has successfully completed the sale of Highland Center in Bonita Springs, Florida. Horvath & Tremblay represented the buyer to complete the transaction at a sale price of $3,675,000.
Highland Center is located at 26701 S Tamiami Trail in Bonita Springs, Florida. The multi-tenant retail center is comprised of 15,290 square feet of gross leasable area on a 1.62-acre corner lot. The Property is currently 100% leased to eight (8) tenants, with a diverse tenant profile featuring service tenants and retailers serving the immediate area. All of the leases in the center are double net and feature attractive rent increases throughout the primary lease terms or in the renewal options. Highland Center is located at the intersection of S Tamiami Trail (US Route 41), the area’s primary commercial and commuter corridor, and Brighton Lane with outstanding frontage and visibility. The Property is situated within a densely developed residential area with multiple large housing developments surrounding the area. Bonita Springs is well located in between Fort Myers and Naples along Florida’s southwestern coast.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.