Destination Powersports relocating former GMC dealership on U.S. 41

BUYER: ADT Properties LLC, Coldwater, Mich.
SELLER: Marlow Werner Pontiac-Buick-GMC Truck Inc.
PROPERTY: 1110 Tamiami Trail, Punta Gorda
PRICE: $2.09 million
PREVIOUS PRICE: $887,600, December 1986
LAW FIRM ON DEED: Law Offices of Thomas D. Wright Chartered, Marathon

PLANS, DESCRIPTION: Bill Shenk, owner of Destination Powersports, purchased a 24,309-square-foot former General Motors car dealership for $2.09 million.

The price equated to $86 per square foot. That figure is lower than the two-year average price per square foot for retail space ($140) in Southwest Florida, according to the CoStar Group.