America Realty Capital buys Fort Myers Bridgestone tire store

BUYER: ARC BFFTMFL001 LLC (America Realty Capital), Charlotte, N.C.
SELLER: First City South LLC
PROPERTY: 4741 Laredo Ave., Fort Myers
PRICE: $3.05 million
PREVIOUS PRICE: $2.62 million, August 2009
LAW FIRM ON DEED: Garlick Hilfiker & Swift LLP, Naples

PLANS, DESCRIPTION: America Realty Capital of Charlotte, N.C., purchased a 12,000-square-foot auto repair building for $3.05 million.

The price equated to $254 per square foot. That figure is higher than the two-year average price per square foot for retail space ($140) in Southwest Florida, according to the CoStar Group.