Loading
BUYER: South Florida Barbeque of Cape Coral Inc. (Dale and Gail Coyne), Plainfield, Ill.
SELLER: OB Florida CRE Holdings LLC
PROPERTY: 738 S.W. Pine Island Road, Cape Coral
PRICE: $1.13 million
PREVIOUS PRICE: $1.33 million, May 2006
LAW FIRM ON DEED: Shumaker Loop & Kendrick LLP, Sarasota
PLANS, DESCRIPTION: Indy-car racer Dale Coyne and his wife, Gail, purchased a 7,078-square-foot former Chicago Uno restaurant building for $1.13 million.
The price equated to $159 per square foot.
The Coynes, who own the IndyCar series race team Dale Coyne Racing in Plainfield, Ill., are prominent Sonny's franchisees and plan to convert it into a Sonny's Real Pit Bar-B-Q.
Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.
