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California real estate investor buys MLK Boston Market


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  • | 3:41 p.m. November 23, 2012
  • | 2 Free Articles Remaining!
  • Commercial Real Estate
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BUYER: 9460 LLC (principal: Darolyn Ross), Beverly Hills, Calif.

SELLER: O CHK Inc. fka Boston Market Real Estate Co.

PROPERTY: 2708 W. Dr. Martin Luther King Jr. Blvd., Tampa

PRICE: $2.05 million

PREVIOUS PRICE: $495,000, September 1993

LAW FIRM ON DEED: O CHK Inc., Escondido, Calif.

PLANS, DESCRIPTION: California real estate developer Darolyn Ross purchased a 3,248-square-foot restaurant building for $2.05 million.

The price equated to $630 per square foot.

The 29-year-old building is leased and operated as a Boston Market restaurant. The lease agreement with Boston Market Corp. has since been assigned to Ross. The lease is effective through Aug. 31, 2026.

 

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