Fuccillo Automotive Group plans Charlotte Kia dealership

BUYER: WBF Florida Properties III LLC (principal: William Fuccillo), Cape Coral
SELLER: Eagle FL 1 SPE LLC
PROPERTY: 202 Tamiami Trail, Port Charlotte
PRICE: $3.1 million
PREVIOUS PRICE: $15.68 million
LAW FIRM ON DEED: Anthony J. Gargano Esq., Fort Myers

PLANS, DESCRIPTION: Fuccillo Automotive Group purchased 77 acres of commercial land on U.S. 41 and South Cranberry Boulevard for $3.1 million.

The price equated to $40,260 per acre. That figure is lower than the two-year average price per acre for retail space ($746,593) in Southwest Florida, according to the CoStar Group.